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1

Preface

6
terms
0
notes

Piketty, T. (2017). Preface. In Piketty, T. Chronicles: On Our Political and Economic Crisis. Penguin Books, pp. 1-8

(stagnation + inflation) when inflation is high, the economic growth rate slows, and unemployment remains steadily high

2

The 'stagflation' of the 1970s

—p.2 by Thomas Piketty
notable
7 years, 4 months ago

The 'stagflation' of the 1970s

—p.2 by Thomas Piketty
notable
7 years, 4 months ago

(The Glorious Thirty) the thirty years from 1945 to 1975 in France, during which the economy grew rapidly

2

Referred to in France as the Trente Glorieuses, the 'thirty glorious' years from 1945 to 1975

in a footnote

—p.2 by Seth Ackerman
notable
7 years, 4 months ago

Referred to in France as the Trente Glorieuses, the 'thirty glorious' years from 1945 to 1975

in a footnote

—p.2 by Seth Ackerman
notable
7 years, 4 months ago

conventionally dated from the end of the Franco-Prussian War in 1871 to the outbreak of World War I in 1914; characterized by optimism, regional peace, economic prosperity, apex of colonial empires and technological, scientific and cultural innovations

3

You would have to go back to the Belle Époque (1900-1910) to find French wealth holders so prosperous

—p.3 by Thomas Piketty
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7 years, 4 months ago

You would have to go back to the Belle Époque (1900-1910) to find French wealth holders so prosperous

—p.3 by Thomas Piketty
notable
7 years, 4 months ago

a term coined by Thomas Piketty; a system where the economic elite mostly attain their fortunes through inheritance rather than entrepreneurship or innovation

4

In the long run, patrimonial capitalism is the only kind that can exist.

—p.4 by Thomas Piketty
confirm
7 years, 4 months ago

In the long run, patrimonial capitalism is the only kind that can exist.

—p.4 by Thomas Piketty
confirm
7 years, 4 months ago

treay for creating the EU; signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands

5

the Maastricht Treaty, creating the European Union, was ratified in France in September 1992

—p.5 by Thomas Piketty
notable
7 years, 4 months ago

the Maastricht Treaty, creating the European Union, was ratified in France in September 1992

—p.5 by Thomas Piketty
notable
7 years, 4 months ago

(European bonds) proposed government bonds issued in Euros and backed jointly by all eurozone nations, which would allow already highly indebted states access to cheaper credit

9

the only lasting solution is to mutualize our debt, to create a common debt (i.e., 'eurobonds')

—p.9 by Thomas Piketty
notable
7 years, 4 months ago

the only lasting solution is to mutualize our debt, to create a common debt (i.e., 'eurobonds')

—p.9 by Thomas Piketty
notable
7 years, 4 months ago