Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
What mattered for them was to understand the long-run tendencies and how income is distributed between land owners, workers, and so on.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And so that's how economics used to be.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
There was this parenthesis during the Cold War
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And after the end of the Cold War, inequality started very gradually, and it's been way too slow, but to make a comeback at the center of the economics discipline.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And you mentioned Tony Atkinson, who played an incredibly important role in all of that, who was one of the first one.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
A British economist who was a professor at Oxford and who was instrumental in reviving
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
Yeah, Inequality, his last book, exactly, very important.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And instrumental in reviving the study of the long run trends in income and wealth concentration.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And he's been an inspirational figure.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
For me, I've known him.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
when I was doing my PhD in Paris.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
I met with him numerous times.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And more broadly, he was continuing a tradition that I feel very much a part of, which is this tradition of
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
empirical social sciences, which was so strong in England, in the UK for a long time, like the inventors, for instance, of the national accounts, which are the GDP statistics, the way we quantify economic activity.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
These are British economists of the 17th century, Gregory King, William Petty, and they were interested not only in measuring the economy as a whole but also in inequality.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
You know, the first attempt at measuring national income, you know, by the famous social table
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
of Gregory King, he tries to estimate the total income of England, but also the income of each social class.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
Like, you know, the kings, the baronets, you know, the workers and so on and so on.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
And there is this long tradition that started in the 17th century that has continued over time.
Garys Economics
The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman
Tony Atkinson was, you know, a great part of this tradition and that I'm trying at a very modest level to continue myself with a focus on