Piketty attracted a record-breaking audience
`Historically, we see a movement towards greater economic and political equality. I believe there is reason to be optimistic, said Thomas Piketty, giving this year's Sandmo Lecture at NHH.
`In my book "A Brief History of Equality", the important conclusion is that we see a movement towards more political and economic equality´.
Professor Thomas Piketty, often described as a rock star economist, gave this year´s The Sandmo Lecture On Public Policy at NHH on Friday. The lecture is an annual event in honor of NHH Professor Agnar Sandmo (1938-2019), for his contribution to the field of public finance.
`It is of course not perfect, but in the long run, starting at the end of the 18th century, especially in France, but also in the USA, and up to today, we see major changes in the right direction´, summarized Piketty.
Piketty´s research and his books Capital in the Twenty-First Century (2013) and Capital and Ideology (2019) focuses on public economy, in particular income and wealth inequality.
`I am very happy that Piketty was able to give the Sandmo lecture´, says Professor Kjell Gunnar Salvanes, who is himself an expert on inequality, education and labor market economics. He is a researcher at Centre for Experimental Research on Fairness, Inequality and Rationality (FAIR) at NHH.
Close to 300 guests wanted to join the Sandmo Lecture. No surprise, according to Salvanes:
`Over the years, NHH have had several leading economists who have given the Sandmo Lecture, such as Nobel Prize winner James Heckman, but Piketty has a name far outside economists' circles. We knew that Piketty would be of great interest´.
Piketty is a professor of economics at the School for Advanced Studies in the Social Sciences and the École d’économie de Paris/Paris School of Economics.