Capital in the Twenty-First Century

APR 16, 2014 | 6:00 PM TO 7:30 PM



The Graduate Center
365 Fifth Avenue


C200: Proshansky Auditorium


April 16, 2014: 6:00 PM-7:30 PM


Free, Registration Required


Public Programs


212-817-8215 or


A recording of the event will soon be available on the Graduate Center's YouTube channel.

The French economist Thomas Piketty (Paris School of Economics) will present a lecture on his new book, Capital in the Twenty-First Century. In this landmark work, Piketty argues that the main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—threatens to generate extreme inequalities that stir discontent and undermine democratic values. He calls for political action and policy intervention. Joseph Stiglitz (Columbia University), Paul Krugman (Princeton University), and Steven Durlauf (University of Wisconsin–Madison) will comment. The event will be introduced and moderated by Janet Gornick and Branko Milanovic (Graduate Center, Luxembourg Income Study Center).

Co-sponsored by the Luxembourg Income Study Center and the Advanced Research Collaborative.

Media interested in attending should contact Tanya Domi, director of media relations at the Graduate Center,

Participant Bios:
Thomas Piketty is professor at the Paris School of Economics and a major contributor to the World Top Incomes Database, along with Tony Atkinson, Emmanuel Saez, and Facundo Alvaredo. He has published many academic papers on income distribution, and is, with Atkinson, co-editor of Top Incomes: A Global Perspective and Top Incomes over the Twentieth Century: A Contrast between Continental European and English-Speaking Countries.

Joseph Stiglitz, university professor at Columbia University, was awarded the Nobel Prize in Economics in 2001. He is the author of many influential books, including The Price of Inequality: How Today’s Divided Society Endangers Our Future (2013) and Freefall: America, Free Markets, and the Sinking of the World Economy (2010). In 2011, Time named Stiglitz one of the 100 most influential people in the world.

Paul Krugman won the 2008 Nobel Prize in Economics. He is currently professor of economics and international affairs at Princeton University. In summer 2014, Krugman will join the LIS Center as a distinguished scholar; he will join the economics faculty of the Graduate Center in fall 2015. Krugman is the author of, most recently, End This Depression Now! A noted New York Times columnist, he also writes a popular blog, “The Conscience of a Liberal.”

Steven Durlauf is Vilas Research Professor and Kenneth J. Arrow and Laurits R. Christensen Professor of Economics at the University of Wisconsin–Madison. He is co-editor of nine books, is currently co-director of the Human Capital and Economic Opportunity Global Working Group, is editor of the Journal of Economic Literature, and was general editor of the New Palgrave Dictionary of Economics.

Branko Milanovic is a senior scholar at the LIS Center and visiting presidential professor at the Graduate Center. He is author of, most recently, The Haves and Have-Nots, and his review of Piketty’s new book is forthcoming in the Journal of Economic Literature.

Janet Gornick is professor of political science and sociology at the Graduate Center, director of both LIS and the LIS Center at the Graduate Center, co-editor of the recently published Income Inequality: Economic Disparities and the Middle Class in Affluent Countries, and coauthor of Gender Equality: Transforming Family Divisions of Labor.