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What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.
Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.
A work of extraordinary ambition, originality, and rigor, Capital in the Twenty-First Century reorients our understanding of economic history and confronts us with sobering lessons for today.
About the Author
Thomas Piketty is Professor at the Paris School of Economics.
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Comments about Capital in the Twenty-First Century:
Piketty has produced a solid academic treatise that seeks to explain the economic changes that characterised the 2nd half of the 20th century and produced an illusion of permanent growth in living standards and growing equality for the masses in the developed world that were desperate for optimism after the Depression and WWII. Written as an academic treatise so somewhat overly detailed and repetitive but far better researched than the comments of many of its critics.
"It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year—and maybe of the decade. Piketty, arguably the world's leading expert on income and wealth inequality, does more than document the growing concentration of income in the hands of a small economic elite. He also makes a powerful case that we're on the way back to 'patrimonial capitalism,' in which the commanding heights of the economy are dominated not just by wealth, but also by inherited wealth, in which birth matters more than effort and talent."—Paul Krugman, The New York Times
"An extraordinary sweep of history backed by remarkably detailed data and analysis… Piketty's economic analysis and historical proofs are breathtaking."—Robert B. Reich, The Guardian
"Piketty's treatment of inequality is perfectly matched to its moment. Like [Paul] Kennedy a generation ago, Piketty has emerged as a rock star of the policy-intellectual world… But make no mistake, his work richly deserves all the attention it is receiving… Piketty, in collaboration with others, has spent more than a decade mining huge quantities of data spanning centuries and many countries to document, absolutely conclusively, that the share of income and wealth going to those at the very top—the top 1 percent, .1 percent, and .01 percent of the population—has risen sharply over the last generation, marking a return to a pattern that prevailed before World War I… Even if none of Piketty's theories stands up, the establishment of this fact has transformed political discourse and is a Nobel Prize–worthy contribution. Piketty provides an elegant framework for making sense of a complex reality. His theorizing is bold and simple and hugely important if correct. In every area of thought, progress comes from simple abstract paradigms that guide later thinking, such as Darwin's idea of evolution, Ricardo's notion of comparative advantage, or Keynes's conception of aggregate demand. Whether or not his idea ultimately proves out, Piketty makes a major contribution by putting forth a theory of natural economic evolution under capitalism… Piketty writes in the epic philosophical mode of Keynes, Marx, or Adam Smith… By focusing attention on what has happened to a fortunate few among us, and by opening up for debate issues around the long-run functioning of our market system, Capital in the Twenty-First Century has made a profoundly important contribution."—Lawrence H. Summers, Democracy
"Piketty has come in for a lot of praise for the clarity of his writing, and I think it's deserved. There's very little math in this book, and it assumes very little prior knowledge of economics. In part, this is because Piketty is offering something fresh in the discourse: an unimaginably massive data-set that traces the ebb and flow of wealth and productivity around the globe for three centuries… Piketty challenges the idea that modernity somehow led to 'merit' asserting itself as the new determinant of wealth. Instead, he makes a very convincing case that the increasing size of the capital class—which expanded comfortably during the period of colonial expansion—created a hunger for wealth that turned the aristocracy on itself in a squabble over who got to loot the colonies, which was World War I… This is a crisis. The reason for capitalism is that it is supposed to allocate reward based on 'merit'—it is supposed to move capital into the hands of the people who can do the most with it—and if all our policy decisions are made in service to a class of supermanagers whose wealth comes from squatting on a fortune managed by some green-eyeshade quants who grow it without its owner ever doing a notable thing apart from being born to dynasty, there is no more reason for capitalism. Piketty darkly hints that the last time this happened, the world tore itself to pieces, twice, in an orgy of destruction that left millions dead and whole nations in ruin… It's a rare thing to see economists, especially pro-capitalist economists, praising taxation itself, but Piketty—careful, unemotional Piketty—dares… Besides, he says, the thing every red-blooded entrepreneur wants to see is people getting rich by their wits and deeds, not by the birthright of kings… Piketty wants desperately to salvage captalism, even if that means proposing something that every capitalist will hate: a global wealth tax."—Cory Doctorow, Boing Boing
"Riveting… [Picketty] embodies a model of engaged and sophisticated public debate, the sort of which politicians can only dream… One of Piketty's main messages is that the structures of inequality societies choose to live with are the results of political choices, not natural or immutable economic tendencies, and that to pretend otherwise is an 'ideological' fiction… Capital inequality has dispossessed us of our 'democratic sovereignty,' and that's something we should all really worry about… His book is as much a story about the limits of modem democratic politics as it is about the structures of inequality… When Piketty's insights are eventually fused into new histories of economic and political thinking about global competition from the French Revolution to the present, the results will be… electrifying, particularly when it comes to revisiting the political and economic ideas of the global wars of the first half of the twentieth century… [This book] will certainly also shake the foundations of many university courses in political philosophy. That is itself quite a remarkable achievement, and perhaps the sort of achievement that might lead to the sort of political consciousness-raising Piketty is clearly keen to promote. In that, he really is an heir to a long-standing tradition of public intellectuals in French academic life since the Revolution."—Duncan Kelly, The Times Literary Supplement
"A sweeping account of rising inequality… Eventually, Piketty says, we could see the reemergence of a world familiar to nineteenth-century Europeans; he cites the novels of Austen and Balzac. In this 'patrimonial society,' a small group of wealthy rentiers lives lavishly on the fruits of its inherited wealth, and the rest struggle to keep up… The proper role of public intellectuals is to question accepted dogmas, conceive of new methods of analysis, and expand the terms of public debate. Capital in the Twenty-first Century does all these things… Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore."—John Cassidy, The New Yorker
"It is easy to overlook the achievement of Thomas Piketty's new bestseller, Capital in the Twenty-First Century, as a work of economic history. Debates about the book have largely focused on inequality. But on any given page, there is data about the total level of private capital and the percentage of income paid out to labor in England from the 1700s onward, something that would have been impossible for early researchers… Capital reflects decades of work in collecting national income data across centuries, countries, and class, done in partnership with academics across the globe. But beyond its remarkably rich and instructive history, the book's deep and novel understanding of inequality in the economy has drawn well-deserved attention… [Piketty's] engagement with the rest of the social sciences also distinguishes him from most economists… The book is filled with brilliant moments… The book is an attempt to ground the debate over inequality in strong empirical data, put the question of distribution back into economics, and open the debate not just to the entirety of the social sciences but to people themselves."—Mike Konczal, Boston Review
"What makes Thomas Piketty's Capital in the Twenty-First Century such a triumph is that it seems to have been written specifically to demolish the great economic shibboleths of our time… [The book is] Piketty's magnum opus."—Thomas Frank, Salon
"[A] 700-page punch in the plutocracy's pampered gut… It's been half a century since a book of economic history broke out of its academic silo with such fireworks."—Giles Whittell, The Times
"Thomas Piketty of the Paris School of Economics has done the definitive comparative historical research on income inequality in his Capital in the Twenty-First Century."—Paul Starr, The New York Review of Books
"Bracing… Piketty provides a fresh and sweeping analysis of the world's economic history that puts into question many of our core beliefs about the organization of market economies. His most startling news is that the belief that inequality will eventually stabilize and subside on its own, a long-held tenet of free market capitalism, is wrong. Rather, the economic forces concentrating more and more wealth into the hands of the fortunate few are almost sure to prevail for a very long time."—Eduardo Porter, The New York Times
"Thomas Piketty's Capital in the Twenty-First Century is a monumental book that will influence economic analysis (and perhaps policymaking) in the years to come. In the way it is written and the importance of the questions it asks, it is a book the classic authors of economics could have written if they lived today and had access to the vast empirical material Piketty and his colleagues collected… In a short review, it is impossible to do even partial justice to the wealth of information, data, analysis, and discussion contained in this book of almost 700 pages. Piketty has returned economics to the classical roots where it seeks to understand the 'laws of motion' of capitalism. He has re-emphasized the distinction between 'unearned' and 'earned' income that had been tucked away for so long under misleading terminologies of 'human capital,' 'economic agents,' and 'factors of production.' Labor and capital—those who have to work for a living and those who live from property—people in flesh—are squarely back in economics via this great book."—Branko Milanovic, The American Prospect
"Monumental… [Piketty] documents a sharp increase in such inequality over the last 25 years, not only in the United States, but also in Canada, Britain, Australia, New Zealand, China, India, Indonesia and South Africa, with people with the highest incomes far outstripping the rest of society. The book is impressive in its wealth of information."—Robert J. Shiller, The New York Times
"[A] magnificent, sweeping meditation on inequality… The big idea of Capital in the Twenty-First Century is that we haven't just gone back to nineteenth-century levels of income inequality, we're also on a path back to 'patrimonial capitalism,' in which the commanding heights of the economy are controlled not by talented individuals but by family dynasties… Piketty has written a truly superb book. It's a work that melds grand historical sweep—when was the last time you heard an economist invoke Jane Austen and Balzac?—with painstaking data analysis… A tour de force of economic modeling, an approach that integrates the analysis of economic growth with that of the distribution of income and wealth. This is a book that will change both the way we think about society and the way we do economics… Capital in the Twenty-First Century is, as I hope I've made clear, an awesome work. At a time when the concentration of wealth and income in the hands of a few has resurfaced as a central political issue, Piketty doesn't just offer invaluable documentation of what is happening, with unmatched historical depth. He also offers what amounts to a unified field theory of inequality, one that integrates economic growth, the distribution of income between capital and labor, and the distribution of wealth and income among individuals into a single frame… Capital in the Twenty-First Century makes it clear that public policy can make an enormous difference, that even if the underlying economic conditions point toward extreme inequality, what Piketty calls 'a drift toward oligarchy' can be halted and even reversed if the body politic so chooses… His masterwork… Sometimes it seems as if a substantial part of our political class is actively working to restore Piketty's patrimonial capitalism. And if you look at the sources of political donations, many of which come from wealthy families, this possibility is a lot less outlandish than it might seem… [A] masterly diagnosis of where we are and where we're heading… Capital in the Twenty-First Century is an extremely important book on all fronts. Piketty has transformed our economic discourse; we'll never talk about wealth and inequality the same way we used to."—Paul Krugman, The New York Review of Books
"Reading Thomas Piketty's famous book, Capital in the Twenty-First Century, after all the fuss about it, is a bit of a shock. It's both much more radical and much less radical than its reputation… I was anticipating a left-wing rant, but Piketty's tone is modest and polite—not at all what you expect from a rock-star French intellectual… Piketty and his book remind me of my favorite economist, the 19th-century American Henry George, and his best-selling book, Progress and Poverty (1879). Both men's books offer a comprehensive explanation of the world, in particular the problem of poverty. Both men acknowledge the importance of market incentives and entrepreneurship and the evils of protectionism and all of that good conservative stuff, even as they rail against the plutocrats. Both think we can end or reduce inequality without giving up the benefits of capitalism. And both see the answer in a new tax on capital… This is beginning to sound sort of reasonable, both in its demands on people at the top and its generosity to those on the bottom."—Michael Kinsley, Vanity Fair
"Groundbreaking…The usefulness of economics is determined by the quality of data at our disposal. Piketty's new volume offers a fresh perspective and a wealth of newly compiled data that will go a long way in helping us understand how capitalism actually works."—Christopher Matthews, Fortune.com
"French economist Thomas Piketty has written an extraordinarily important book. Open-minded readers will surely find themselves unable to ignore the evidence and arguments he has brought to bear… In its scale and sweep it brings us back to the founders of political economy… The result is a work of vast historical scope, grounded in exhaustive fact-based research, and suffused with literary references. It is both normative and political. Piketty rejects theorizing ungrounded in data… The book is built on a 15-year program of empirical research conducted in conjunction with other scholars. Its result is a transformation of what we know about the evolution of income and wealth (which he calls capital) over the past three centuries in leading high-income countries. That makes it an enthralling economic, social and political history."—Martin Wolf, Financial Times
"Stands a fair chance of becoming the most influential work of economics yet published in our young century. It is the most important study of inequality in over fifty years… Although the contours of Piketty's history confirm what economic historians already know, his anatomizing of the 1 percent's fortunes over centuries is a revelation. When joined to his magisterial command of the source material and his gift for synthesis, they disclose a history not of steady economic expansion but of stops and starts, with room for sudden departures from seemingly unbreakable patterns. In turn, he links this history to economic theory, demonstrating that there is no inherent drive in markets toward income equality. It's quite the opposite, in fact."—Timothy Shenk, The Nation
"Magnificent… Even though it is a work more concerned with the past 200 years, it's no coincidence that the full title of Piketty's book is Capital in the Twenty-First Century. Its ambition is to shape debates about the next two centuries, not the past two. And in that it may succeed."—Christopher Croke, The Australian
"[Piketty] is just about to emerge as the most important thinker of his generation… He makes his case in a clear and rigorous manner that debunks everything that capitalists believe about the ethical status of making money… He demonstrates that there is no reason to believe that capitalism can ever solve the problem of inequality, which he insists is getting worse rather than better. From the banking crisis of 2008 to the Occupy movement of 2011, this much has been intuited by ordinary people. The singular significance of his book is that it proves 'scientifically' that this intuition is correct. This is why his book has crossed over into the mainstream—it says what many people have already been thinking… Unlike many economists he insists that economic thinking cannot be separated from history or politics… As poverty increases across the globe, everyone is being forced to listen to Piketty with great attention. But although his diagnosis is accurate and compelling, it is hard, almost impossible, to imagine that the cure he proposes—tax and more tax—will ever be implemented in a world where, from Beijing to Moscow to Washington, money, and those who have more of it than anyone else, still calls the shots."—Andrew Hussey, The Observer
"Piketty has won interest and enthusiasm on the left of the political spectrum…for this ambitious work. It is not, however, a politically sectarian argument; perhaps that explains why it has become a surprise bestseller. The strength of his thesis is that it is founded on evidence rather than ideology. Piketty has researched data over more than a century in order to derive his understanding of the dynamics of modern capitalism. He is able to point convincingly to a recent reversal of historical trends, so that the share of national income taken by the owners of capital has expanded over the past generation… What Piketty has done is provide a strong factual understanding for how modern capitalist economies diverge from the image of risk-taking and productive commercial activity. At the very least, the book effectively debunks the notion that there is an economic imperative for low tax rates and a smaller state."—Oliver Kamm, The Times
"Magisterial… Piketty's Capital feels very much like a Category 4 hurricane that hasn't yet made landfall… Piketty draws on a vast store of historical data to argue that the broad dissemination of wealth that occurred during the decades following World War I was not, as economists then mistakenly believed, a natural state of capitalist equilibrium, but rather a halcyon interval between Belle Époque inequality and the rising inequality of our own era… Piketty's most provocative argument is that the discrepancy between the high returns to capital and much more modest overall economic growth—briefly annulled during the mid-century—ensures that the gulf between the rich (who profit from capital investments) and the middle class (who depend chiefly on income from labor) will only continue to grow… The best reason to raise tax rates is not to punish the rich, of course, but to raise the revenue which the United States needs to invest in infrastructure and research, not to mention to pay for Social Security and health care. That investment gap poses a clear and present danger to American global economic leadership. Rising inequality exacerbates the problem by sapping the collective political will needed to address the problem."—James Traub, Foreign Policy online
"Defies left and right orthodoxy by arguing that worsening inequality is an inevitable outcome of free market capitalism… [It] suggests that traditional liberal government policies on spending, taxation and regulation will fail to diminish inequality… Without what [Piketty] acknowledges is a politically unrealistic global wealth tax, he sees the United States and the developed world on a path toward a degree of inequality that will reach levels likely to cause severe social disruption. Final judgment on Piketty's work will come with time—a problem in and of itself, because if he is right, inequality will worsen, making it all the more difficult to take preemptive action."—Thomas B. Edsall, The New York Times
"This is a serious book… Piketty's main point, and his new and powerful contribution to an old topic: as long as the rate of return exceeds the rate of growth, the income and wealth of the rich will grow faster than the typical income from work. (There seems to be no offsetting tendency for the aggregate share of capital to shrink; the tendency may be slightly in the opposite direction.) This interpretation of the observed trend toward increasing inequality, and especially the phenomenon of the 1 percent, is not rooted in any failure of economic institutions; it rests primarily on the ability of the economy to absorb increasing amounts of capital without a substantial fall in the rate of return. This may be good news for the economy as a whole, but it is not good news for equity within the economy… There is yet another, also rather dark, implication of this account of underlying trends. If already existing agglomerations of wealth tend to grow faster than incomes from work, it is likely that the role of inherited wealth in society will increase relative to that of recently earned and therefore more merit-based fortunes… The arithmetic suggests that the concentration of wealth and its ability to grow will favor an increasing weight of inheritance as compared with talent… If the ownership of wealth in fact becomes even more concentrated during the rest of the twenty-first century, the outlook is pretty bleak unless you have a taste for oligarchy… Wouldn't it be interesting if the United States were to become the land of the free, the home of the brave, and the last refuge of increasing inequality at the top (and perhaps also at the bottom)? Would that work for you?"—Robert Solow, The New Republic
"The blockbuster economics book of the season, Thomas Piketty's Capital in the Twenty-First Century, argues that the great equalizing decades following World War II, which brought on the rise of the middle class in the United States, were but a historical anomaly. Armed with centuries of data, Piketty says the rich are going to continue to gobble up a greater share of income, and our current system will do nothing to reverse that trend."—Shaila Dewan, The New York Times Magazine
"The book aims to revolutionize the way people think about the economic history of the past two centuries. It may well manage the feat… It is, first and foremost, a very detailed look at 200 years' worth of data on the distribution of income and wealth across the rich world (with some figures for large emerging markets also included). This mountain of data allows Piketty to tell a simple and compelling story… The database on which the book is built is formidable, and it is difficult to dispute his call for a new perspective on the modern economic era, whether or not one agrees with his policy recommendations… We are all used to sneering at communism because of its manifest failure to deliver the sustained rates of growth managed by market economies. But Marx's original critique of capitalism was not that it made for lousy growth rates. It was that a rising concentration of wealth couldn't be sustained politically. Ultimately, those of us who would like to preserve the market system need to grapple with that sort of dynamic, in the context of the worrying numbers on inequality that Piketty presents."—The Economist
"The most remarkable work of economics in recent years, if not decades… [It] has caused an intellectual sensation on both sides of the Atlantic… His range is immense. And his open, fluent style will guarantee him a wide readership. In contrast to much of what passes for orthodox economics, he is engaged with the problems of the real world… The discipline of economics, Piketty argues, remains trapped in a juvenile passion for mathematics, divorced from history and its sister social sciences. His work aims to change that."—Nick Pearce, New Statesman
"A landmark book…which brings a ton of data to bear in reaching the commonsensical conclusion that inequality has to do with more than just blind market forces at work."—George Packer, The New Yorker blog
"[Piketty] is now the most talked-about economist on the planet… Capital is rooted not in theoretical abstractions so much as archaeology. The book analyzes hundreds of years of tax records from France, the U.K., the U.S., Germany and Japan to prove a simple idea: The rich really are getting richer. And their wealth doesn't trickle down. It trickles up… The stark historical consequences of unchecked inequality are at the heart of Capital."—Rana Foroohar, Time
"Magisterial… Piketty provides a sweeping, data-driven narrative about inequality trends in the United States and other Western economies over the past century or more, identifies a worrisome increase in income and wealth concentration in a small percentage of the population since 1980, and warns that this trend won't likely correct itself… Piketty is not optimistic that the forces of greater income and wealth inequality will abate on their own, but he is not an economic determinist. The problem, however, is that countering those forces requires public policies and institutions more like those of the era of shared prosperity than those of today."—Chad Stone, U.S. News & World Report
"Piketty's new book is an important contribution to understanding what we need to do to produce more growth, wider economic opportunity and greater social stability."—David Cay Johnston, Al-Jazeera America
"When it comes to economics…you need to get yourself a hold of Capital in the Twenty-First Century by Thomas Piketty… Piketty's study will have readers plotting capital's downfall because what it shows is that the growing inequalities we are seeing between the haves and have nots are endemic to the system. Piketty has been hailed by many on the right as well as the left, for writing a highly significant book. Its strength rests on the fact that he has worked the sources in a way few economists have, analyzing actual data on earnings over decades to come up with some startling conclusions. We are entering a new age of capital, he argues; a time, similar to the early 19th century, when many will live off their money without the need for work. Meanwhile, those without capital will always struggle to keep ahead of debts."—Thomas Quinn, Big Issue
"Piketty's magnum opus… But unlike many other authors of tracts from the 'dismal science,' this distinguished French economist has rendered an eminently readable account of the history and dynamics of capitalism and inequality… A lucid tale of why inequality in the world is increasing, and what we should be doing about it. The right leaning crowd may be dismayed with his prescriptions of stiff global wealth taxes, but neither leftists nor rightists can dispute the data that he presents… According to Piketty, the only real corrective to capital's concentration is a global capital tax (because it is freely globally mobile), and a stiff inheritance tax. This is controversial, but what is not disputed is that inequality in income and wealth within each country has gotten much worse in the past three decades. The question is what do we do about it. For starters, we should read this excellent book."—Ajit Ranade, Business Today
"This important and fascinating book surely ranks among the most influential economic analysis of recent decades. Much of the debate over inequality in recent years is the result of the work of Thomas Piketty and his fellow researchers… This book contains important lessons for economists. It is a (perhaps unwelcome) reminder that what they measure reflects political choices. It cautions them to be wary of viewing recent decades as some sort of 'steady state'; the evolution of post–World War II incomes and wealth reflect the unwinding of earlier events, and the point is more general. And it reminds them of the rhetorical and explanatory power of simple comparisons of facts, once collected and arranged, relative to complex statistics and models."—Andrew Berg, Finance & Development
"Over the last decade or so, economist Thomas Piketty has made his name central to serious discussions of inequality… Piketty expands upon his empirical work of the last 10 years, while also setting forth a political theory of inequality. This last element of the book gives special attention to tax policy and makes some provocative suggestions—new and higher taxes on the very rich."—Joseph Thorndike, Forbes
"The most eagerly anticipated book on economics in many years."—Toby Sanger, The Globe and Mail
"Many of the book's 700 pages are spent marshaling the evidence that 21st-century capitalism is on a one-way journey towards inequality—unless we do something. If Piketty is right, there are big political implications, and the beauty of the book is that he never refrains from drawing them… The book's terms and explanations are utterly simple; with a myriad of historical data, Piketty reduces the story of capitalism to a clear narrative arc. To challenge his argument you have to reject the premises of it, not the working out… Is Piketty the new Karl Marx? Anybody who has read the latter will know he is not… Piketty has, more accurately, placed an unexploded bomb within mainstream, classical economics… The power of Piketty's work is that it also challenges the narrative of the center-left under globalization, which believed upskilling the workforce, combined with mild redistribution, would promote social justice. This, Piketty demonstrates, is mistaken. All that social democracy and liberalism can produce, with their current policies, is the oligarch's yacht co-existing with the food bank forever. Piketty's Capital, unlike Marx's Capital, contains solutions possible on the terrain of capitalism itself."—Paul Mason, The Guardian
"Piketty solidifies and gives an intellectual edge to the view that something is wrong here, and something new and bold and radical has got to be done… People like me, and others, are certainly excited by the prospect of where Piketty might take us."—Len McCluskey, The Guardian
"The big questions that concerned Mill, Marx and Smith are now rearing their heads afresh… Thomas Piketty—who spent long years, during which the mainstream neglected inequality, mapping the distribution of income—is making waves with Capital in the Twenty-First Century. Nodding at Marx, that title helps explain the attention, but his decidedly classical emphasis on historical dynamics in determining who gets what resonates in a world where an increasing proportion of citizens are feeling fleeced by the elite."—The Guardian
"[Capital in the Twenty-First Century] has jolted the right, who are scrabbling around for an answer to its main message: rising inequality is killing capitalism… It is a big book in every sense of the word, using empirical evidence from 30 countries to describe how capitalism has evolved over the past 300 years and is now reverting to what Piketty calls the Downton Abbey world of a century ago. Where much modern writing about economics is cloaked in impenetrable jargon, Piketty is not afraid to draw on literature and popular culture to make his points… Piketty's book seems to explain the brutal world of the Great Recession and its aftermath rather better than trickle-down economics… It is rare for economics books to fly off the shelves. Once in every generation, usually when the world has started to recover after a serious recession, there is a search for answers. Will Hutton's The State We're In was the must-buy book two decades ago just as Piketty's is today."—The Guardian blog
"Piketty sets out to tell a high-level history of the global economy and to outline a fresh theory of where we are heading. It's the sort of grand intellectual enterprise that was common in the 19th century, but has become a rarity in our era of more specialized scholarship… Piketty says he wants the book to be widely read and his ideas debated. He has succeeded. Questions of economic theory have now reached an uncommonly large audience. One could, of course, fill a book twice the size with the reviews and the commentary Capital has prompted. But there is a better way into the debate than consuming the Piketty media phenomenon: spend a little valuable capital and read the original yourself."—Ben Chu, The Independent
"In the 19th century, tsarist censors banned John Stuart Mill's On Liberty while letting through Karl Marx's Das Kapital. Mill's message was so lucidly expressed that it posed an obvious and immediate threat to the regime; Marx's prose was clotted and convoluted and his economics littered with leftovers from his youthful enthusiasm for Hegel. Thomas Piketty's Capital in the Twenty-First Century shares its title with Marx's work but its argumentative verve with Mill's, and it has been a runaway bestseller in the United States. In spite of the efforts of conservative American economists to persuade their readers that anyone who raises questions about inequalities of income and wealth must be a Marxist, Piketty has no time whatsoever for Marx. Piketty's economics is 'data driven,' while Marx was short of useful data, did not make good use of what data he had and generalized wildly from a few exceptional cases of capital-intensive industries… The book is a terrific achievement."—Alan Ryan, Literary Review
"Not since John Rawls's A Theory of Justice in 1971 has a work of political theory been as rapturously received on the left as Thomas Piketty's Capital in the 21st Century… In this supposedly superficial and anti-intellectual age, his 690-page treatise on inequality, rich in empirical research, has resonated because it speaks to one of the central anxieties of our time: that society is becoming ever more fragmented as the very rich pull away from the rest. As Piketty elegantly demonstrates, as long as the rate of return on what he calls capital continues to exceed the growth rate of the economy (as it has done since the 1970s), inequality will widen to levels unknown since the Victorian era."—New Statesman
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 640
Published: 15th April 2014
Publisher: Harvard University Press
Dimensions (cm): 24.1 x 16.7 x 6.0
Weight (kg): 1.21


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Hip and Stoney Ridge make VQA music together
St. Catharines Standard
Hip and Stoney Ridge make VQA music together 0. By Don Fraser, QMI Agency. Wednesday, November 12, 2014 11:02:15 EST AM. Members of the band Tragically Hip with their new wine "Fully Completely" produced in conjunction with Stoney Ridge Estate ...
and more »
Tragically Hip selling wine
CHCH News
Paul Langois, The Tragically Hip: "But we've been led through the process and Jeff has kindly educated us on the various blends. Our involvement, we are more like the listener I guess. You listen through a bunch of things and find something you like.
and more »
Stoney Ridge uncorks the Tragically Hip
Tragically Hip guitarists Rob Baker (right) and Paul Langlois toast Stoney Ridge Estate Winery winemaker Jeff Hundertmark with a glass of their newly released Fully Completely wine on Monday.
and more »
The Tragically Hip Release Limited Edition Wine to Celebrate Over 20 Years of ...
TORONTO, Nov. 10, 2014 /CNW/ - Iconic Canadian rockers The Tragically Hip announced their partnership today with Stoney Ridge Estate Winery in Vineland on the creation of a premium VQA Grand Reserve Red Wine. The wine is being released to ...
and more »
Tragically Hip Concert
Estevan Mercury
The Tragically Hip put on a show at Spectra Place on July 8, tearing through some of the Canadian music legend's greatest hits over the course of a two-hour set. Tragically Hip frontman Gord Downie entertained and wowed the crowd throughout, ...
Check out Frontrow.com for all your tickets needs. We've got great sources for any event ranging from concert tickets to World Series tickets, Book of Mormon tickets, and Las Vegas show tickets. And don't forget the chance to score big on Broadway tickets and once in a lifetime events like the National Final Rodeo, the 2015 Super Bowl or the Daytona 500. Our inventory covers all types of entertainment and special events. With the biggest selection of concerts, sports, and theater tickets around, you can't go wrong with tickets from Frontrow.com.


text:
DJBooth.net readers might not be familiar with Odd Future's Tyler The Creator (we have yet to feature him on the site), but Booth-regular B.o.B. certainly is… and he isn't a fan. Released Friday morning, No Future is a "diss" track (in the loosest sense) directed at Tyler, after the Cali emcee took a shot at Mr. Ray in his current single Yonkers. As you know, DJBooth doesn't eat beef - so we'll leave it at that.
Written by DJ Z on 03/25/11
Submit your Rating
Rebel Rock/Grand Hustle/Atlantic
First DJ Booth Appearance:
"Haterz Everywhere We Go (Remix)" (2007)
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text:
Find it VA
1,000 - 5,000 downloadsAdd this app to your lists
Comments and ratings for Find it VA
(64 stars)
I like that I'm able to look up and put books on hold, but I would like to create a wishlist and view books that I have previously checked out. On both the app and website.
(64 stars)
Many titles that are available on the library web page are not found in the search on the app
(64 stars)
(64 stars)
A must have for all Virginia library patrons.


text:
You can now filter search results with text. Example: "person: john" will search only person pages for "john".
Hush's plan enters its next phase, and this time it isn't Batman who's in the crosshairs.
The Great Culling is here. Things are getting pretty nutso for the Secret Avengers.
Didn't the Illuminati used to have a doctor? Strange, I wonder what he's been up to.
Volume »
Born the daughter of Queen Hippolyta on Paradise Island to a race of Amazon Warriors, Diana is a princess, an ambassador, a warrior and a superhero. Using divine powers, granted to her by the Gods of Olympus, Diana went to the United States of America to fight for peace, justice and truth as Wonder Woman.
Bruce Wayne witnessed the murder of his billionaire parents as a child, swearing to avenge them. He trained extensively to achieve mental and physical perfection, mastering martial arts, detective skills, and criminal psychology. Costumed as a bat to prey on criminals' fear, and utilizing a high-tech arsenal, the legendary Batman was born.
Rocketed to Earth as an infant from the doomed planet Krypton, Kal-El was adopted by the loving Kent family and raised in America's heartland as Clark Kent. Using his immense solar-fueled powers, he became Superman to defend mankind against all manner of threats while championing truth, justice and the American way!
A powerful sorceress from Arthurian legend who is a frequent foe of Etrigan the Demon.
The Antimatter Universe Riddler, he's a powerful hero, who once resorted to vile methods to change his world. He now is trying to become his Earth's premier hero again.
Carter Hall, now infused with the mysterious Nth Metal, is granted flight, strength and a living armor. He battles dangerous threats, both alien and mystical, as the savage Hawkman.
Raised in Haly's Circus as a skilled trapeze artist, Dick Grayson studied under Batman for years as the first Robin until maturing into the hero called Nightwing. His identity would later be revealed to the world during the events of Forever Evil. Now, under orders of Batman, he is a spy whose task is to infiltrate the organization known as Spyral.
Hawkgirl is the reincarnated spirit of Chay-Ara. Born on Thanagar, she gained the rank of lieutenant in her world and was subsequently sent to Earth on a mission, but during her stay, she grew to love Earth and care for its inhabitants, eventually becoming known to the people as the superheroine Hawkgirl.
Superman's cousin and last survivor of Krypton's Argo City, with a brash and defiant personality that developed in response to the destruction of Krypton. Currently, she is protecting Earth in Superman's stead at his request.
A tarot card reader. It seems she has some powers she is not fully aware of.
With the ability to remember every version of herself, Donna Troy is an important denizen of the DC Universe. She was a founder of the Teen Titans as the original Wonder Girl, and has served as Wonder Woman in Diana's absence. Donna's powers come from the Titans of Myth.
Lois Lane is a Pulitzer Prize-winning journalist for the Daily Planet of Metropolis. She was one of the first reporters to interview Superman, and remains one of his closest allies.
Alfred Pennyworth is Bruce Wayne's loyal father figure and butler. Alfred raised Bruce (and later Dick Grayson) after the death of the Waynes. A former British secret agent, Alfred is a skilled surgeon who often fixes members of the Bat-Family.
Jose Delgado started with the identity of Gangbuster to stop the gangs from controlling his neighborhood, at first he used non-lethal ways to fight the gangs and criminals.
Originally a composite being, Firestorm had power over fire and heat, and could alter the atomic structure of objects. As of "The New 52" multiple Firestorms exist and Ronnie and Jason as individual Firestorms can combine to create Fury, a giant walking nuclear reactor.
Ultraman is an evil doppelgänger of Superman from an alternate universe. He is the de facto leader of the Crime Syndicate, a team of supervillains paralleling the Justice League.
Alan Scott, the bearer of the mystical Starheart, is the original Golden Age Green Lantern and a founding member of the Justice Society of America. An all-time great, Alan continues to fight for truth, justice and freedom well into old age as a member of the Justice Society. He has now been introduced as an iconic gay character in DC's new reboot, The New 52.
One of the Justice League's oldest foes, Despero was transformed by the Flame of Pytar into a galactic tyrant whose psychic might is matched only by his prowess as a physical juggernaut.
Konvikt was recruited by Enigma and Morgan Le Fay in Trinity
Kara Zor-L is a Kryptonian, she's from the Krypton of the Earth 2 reality. In The New 52, she was her world's Supergirl. She traveled to Earth 1 with her friend and partner, Helena Wayne (Huntress) and took the name Karen Starr. She owns a high-technology corporation, Starr Enterprises, which she uses to hunt for a way home for her and Helena. Pre-New 52, she was a member of the Justice Society and the Justice League. She was a survivor from DC's "Earth-Two" after the Crisis on Infinite Earths.
Owlman is an evil doppelgänger of Batman from an alternate universe. He is a member of the Crime Syndicate, a team of supervillains paralleling the Justice League.
Formerly an architect, social activist, and U.S. Marine sniper, John Stewart was selected by the Guardians of the Universe to be one of the Green Lanterns for Sector 2814. His distinguished service in the Corps has resulted in a place among the Oan Honor Guard and the position of chief trainer for new Lantern recruits.
Mari Jiwe McCabe, better known as Vixen, is able to channel the powers of virtually any creature in the animal kingdom with but a thought. Over the course of her life she has been a member of the JLA and the Suicide Squad, a model, and a successful business woman.
Taking on the name Kid Flash in honor of his uncle Barry "Flash" Allen, Wallace Rudolph "Wally" West would eventually become The Flash after the death of his mentor. Wally was an original member of the Teen Titans, a member of the JLA and the fastest man alive even among his fellow speedsters.
Jefferson Michael Pierce aka Black Lightning, is a High School Teacher and former Olympic Gold Medal-winning decathlete. He fights for the ideals of Justice with his electricity-based powers.
A powerful reality-manipulator, the Trans-Volitional Man is one of the Dreambound's powerhouses, even with his severely addled mind.
A human gifted with the powers of a sun, Hemi Kiwara is a powerhouse all by himself.
Superwoman is an evil doppelganger of Wonder Woman from an alternate universe. She is a member of the Crime Syndicate, a team of super-villains paralleling the Justice League.
Tomorrow Woman was an android created by Professor Ivo and T.O. Morrow to infiltrate and ultimately kill the JLA. She eventually went against her programming and saved the JLA by destroying herself. She later came back to life during the events of Trinity, taking the name Clara Kendall and being a hero, as she had been in the alternate world of Trinity.
Green Arrow's first sidekick, Roy Harper has grown to become one of the most accomplished marksmen in the DC Universe. After being abandoned by his mentor, Roy, now going by the name Arsenal, joined the Outlaws with Red Hood and Starfire.
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Hide the progress bar forever?
Topic: Forum Games /
Picture Wars (6)
Not very well fixed.
Topic: Forum Games /
The List(current round: The List rounds hosted by Pulsaris)
Didn't blow up. Also to be sure…
Topic: Forum Games /
The New World We Live In-Temp. Shut Down-Will begin again during winter break.
I vote until winter break. Even on weekends I have more pressing matters and when I try to post it's difficult as I'm often lost, should be more active in the winter break hopefully.
Topic: Forum Games /
The New World We Live In-Zombie RP-CH.5
Sitting around the table John begins the conversation. He says the disabled man wouldn't last a day by himself and that The Boss shouldn't tax him for medical assistance. Personally, I think that the disabled man should be helped because of his situation. I add my point to the conversation before listening to what other people thing.
(Sorry for inactivity I've been really busy with school starting again. Also I won't be as active as I was during the summer because it's my last year in school and therefore I have lots of work to do for my GCSE's. I'll try and get on as much as possible but if I haven't posted for a few days then that's the reason why)
As me and John are walking out of the house we both hear a loud shrieking sound in the distance and the sound of guns being fired. I look at John and he looks back at me as shocked and bewildered and I am and we run off to the source of the commotion. Well, I'm running but John hobbling very quickly. As I run around the corner I see Hitman and The Boss' men fighting off a small group of zombies who sound different to their undead cousins. They let out a loud shrieking sound, which explains that horrid noise from before, which almost hurts the ears. I stare at the commotion for a few seconds which allows John to catch up to me. One thing I do notice is an empty wheelchair in the middle of the street with a man on his hands and knees looking dazed and more worrying not running or fighting back in front of it. I look at John, giving him an apologetic look as I have to leave him behind again, and run towards the commotion.
Does Armon want to be a loner?
Originally posted by 10crystalmask01:What about your babeh?
What about your babeh?
Not this again…
Originally posted by HitmanPwner:Originally posted by koopa112:Arm on. Oh dear, Hitman and Armon aren't going to get along well :P. Yes I know it was a terrible joke but deal with it.
lel, I love punny jokes, thank you for that.
Originally posted by koopa112:Arm on. Oh dear, Hitman and Armon aren't going to get along well :P. Yes I know it was a terrible joke but deal with it.
Arm on. Oh dear, Hitman and Armon aren't going to get along well :P. Yes I know it was a terrible joke but deal with it.
lel, I love punny jokes, thank you for that.
You are very welcome good sir.
"Okay, I'll take downstairs then" I tell John. I walk through the nearest door on the lower level of the house and slowly open it, katana at the ready. Nothing but a closet with a mop, hoover and other cleaning equipment. I close the door and walk into the kitchen where I find nothing more than rotten fruit in a bowl and various kitchen appliances littered around the room. The fridge is empty and there is nothing to be found in the cupboards. Looks like the people who lived here before left before they could be eaten in their own house or this house has already been scavenged for supplies by The Boss' gang. After checking the only other room on the lower level, a dining room which has nothing useful in it, I wait at the door for John to re-emerge from upstairs.
Originally posted by HitmanPwner:Okay, so I just came up with Lancaster Street because ZF said he wanted to call the streets by name. If you want to change it I will edit, but I just wanted to send out the mission.
Okay, so I just came up with Lancaster Street because ZF said he wanted to call the streets by name. If you want to change it I will edit, but I just wanted to send out the mission.
I didn't know what else to put in my post really.
I keep glancing at Hitman's arm not trying to be too rude by just staring at it but I can't resist getting a closer look at the new mechanism on his stump. It's not something that came straight out of a factory but it looks strong and very useful considering Hitman's state. I, on the other hand, prefer a different Melee weapon. The katana. John is also with us limping with a rifle slung over his shoulder, I would have never thought he would be doing this only 3 months after his fateful injuries were given to him. For me there is no sign of any past injuries because my eye has fully healed and my body is in tip top shape. If it wasn't so damn cold I would be running down this street that is known as 'Lancaster Street'. Funny, I've been to Lancashire before. Most notably known for it's coal mines it was a key part in the industrial revolution of Great Britain in the 18th century. I could certainly use that coal to make me a warm fire right now. Even the black trench coat and leather gloves I'm wearing aren't keeping me as warm as they should on this cold December morning.
Originally posted by HitmanPwner:Did Victoria ever get her katana back by any chance?
Did Victoria ever get her katana back by any chance?
I don't know. Her weapons were confiscated back at the warehouse but John has a gun on the wall so I'm not sure if she has them or not. BC will have to confirm whether The Boss gave us our weapons back or not.
I'd be up for that. Victoria can go out on these runs with the squad and Hitman.
Originally posted by BCLEGENDS:Originally posted by koopa112:What's Victoria's job in the settlement? Is she on the wall or not? I'm asking because she is a woman so she may have been given a different role in the town
I think that's pretty much for you to decide, all things considered.
Originally posted by koopa112:What's Victoria's job in the settlement? Is she on the wall or not? I'm asking because she is a woman so she may have been given a different role in the town
What's Victoria's job in the settlement? Is she on the wall or not? I'm asking because she is a woman so she may have been given a different role in the town
I think that's pretty much for you to decide, all things considered.
Mkay, do you have any ideas? Since this is your character's base are there any jobs or such?
I step outside into the cold morning air that signifies that it is now around winter. Good job that we've got shelter here or else we would've probably frozen to death, especially in that warehouse. I look around and see John and Drew on the wall and Hitman walking off to see The Boss. It's been 3 months since we first met The Boss at the warehouse and it's hard to say that he hasn't been good. After all, he treated our wounds from the fight and gave us a place to stay with food and water. I sit at a bench on the pavement and take in the morning air.
I stand against the wall holding Hitman up whilst everyone else hands over their weapons except for Jack who is still hesitant on the matter. I look at the armed men and I see a few of them are already staring at me licking their lips like they've never seen a woman before. If they try anything, they lose their head. Well, that's if I had my katana that is…dammit, I hope that we can at least make it out alive.
I look up and see some men standing in the doorway armed with shotguns and assault rifles. Shit. Before I can muster a noise their 'leader' begins to speak. Whilst he speaks I notice a man covered in bite marks behind him whimpering into the rope that he is trapped in, he looks like Lee. Is it Lee? I think it's Lee! The only reason that I can tell that it is Lee is because of the fact that he only has one hand. Woops, that was me. Drew is also with them unharmed so perhaps they aren't as bad as they seem plus the man who looks like a cowboy has pulled his shotgun out of Jack's face. I sit up against the wall and watch the proceedings unfold.
"I don't owe you shit. If anything you owe me for saving your life…" I say slouching against the wall. "Sorry. Just a bit on edge at the moment" I apologize to John. I look around and see Hitman trying to help with just one arm. Poor guy, I really didn't want to do this to him but it was the only thing that could be done. Jack is huddled in a corner thinking. He joined forces with those criminals trying to get 'revenge' on us for Sasha's death, I don't think I can trust him anymore. John is…not well. He is laying on the floor covered in blood. I'm not a medical expert but he needs serious help right now. Suddenly I hear voices coming down the corridor and immediately look around at everyone else in the room to see if I was the only one who heard it.
Jack?. I walk over to Hitman and see that he is just as injured as John is at the moment. I look around the room and see a mirror next to some boxes and I look into it and immediately my mouth drops as I see the extent of my injuries for the first time. My nose is bleeding and my clothes are covered in blood, both from the zombies and from me. I have a black eye and my hair is a mess after Melissa kept on pulling it, it's especially a mess after Maggot dragged me across the floor with it and started beating me. It's hard to see the blood in my hair as I'm a redhead but it is easy to spot the blood as well as the dirt my hair has collected from the warehouse floor because it's almost black now! I gently touch my eye but wince in pain, everywhere hurts really when I move and I'm glad Melissa got what she deserved. I slide down the wall and watch John barricade the door, we're all injured and there's nothing we can do especially without Drew. Last I saw he and Lee were fighting it out near a pile of wood.
I look around dazed, all I can hear is groaning and the occasional gunshot. As my vision comes back to me I can see Maggot on the ground with a zombie ripping him apart and Melissa screaming as she downs a group of zombies heading her way. I pull out my revolver and I am about to put a bullet through my head when John grabs my hand and leads me up a flight of stairs to a door. He frantically tries to open it but to no avail. John then tries to play hero which, in his state, isn't going to happen for long. I look at the door, it is at the top of a rather secluded flight of stairs and it has a padlock on it. Must be where the precious cargo is stored. I quickly examine the padlock, pull out my revolver and shoot it. The lock brakes and the door is unlocked.
"The door! I unlock-" I am cut off from my speech as I see the zombies walking back down the stairs due to gunfire lower down the stairs and John hacking and slashing at them. I grab the back of his shirt, pull him back up the stairs and push him through the door with me close behind. I am about to close the door when Melissa jumps through and tackles me to the ground, quickly overpowers me and holds me at gunpoint in front of John in a large room full of large boxes. The door is still open and groaning can be heard through it.
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text:
DESOTO COUNTY, Fla.- Shocking allegations against Arcadia's top official cost him his job in another Florida city.
WINK News has obtained a copy of an investigation carried out by the City of Venice, into its former Manager of Development Services, Tom Slaughter.
The report reads, "Tom asked the female employee, 'What does this mean to you?' While making a hand and tongue gesture that they clearly understood to be a reference to oral sex."
The report also says Slaughter's coworkers witnessed him "laughing and saying that a city employee with a physical disability, 'looks and acts like a monkey,' while making arm gestures like that of a monkey."
The list of allegations continues, and also includes leaving work early and sleeping on the job.
Slaughter resigned in 2011, after the report was published.
He reached a settlement with the City of Venice. Terms of the settlement included six weeks severance pay for Slaughter, and neither party could say anything damaging about the other.
Now, Slaughter is Arcadia's City Administrator. His appointment was made official earlier this month, after he served as interim administrator for seven months.
"I have found that planners make excellent managers, because planners are the ones that make your city grow, increase the tax revenue and increase the tax base," said Joe Fink, Arcadia's Deputy Mayor. "That's what I'm hoping Mr. Slaughter will do."
When the City Council appointed Slaughter to the interim post last October, their decision was unanimous.
Fink said he was aware of Venice's allegations against Slaughter.
"(Arcadia) hired Tom Slaughter because he was qualified," Fink said.
Slaughter worked for the City of Venice for 13 years. According to the report, he had a stellar reputation as an employee until September, 2011.
Fink said Slaughter has not been involved in any negative incidents since he started working for Arcadia last October.


text:
In most cities, traffic growth has outpaced road capacity, leading to increased congestion, particularly during the morning and evening commutes. In 2007, congestion on U.S. roads was responsible for 4.2 billion hours of additional travel time, as well as 2.8 billion gallons of fuel consumption and an accompanying increase in air pollution.
One way to prevent traffic tie-ups is to have fewer cars on the road by encouraging alternatives such as public transportation, carpooling, flex time and working from home. But a new study — by researchers at MIT, Central South University in China, the University of California at Berkeley and the Austrian Institute of Technology — incorporates data from drivers' cellphones to show that the adoption of these alternatives by a small percentage of people across a metropolitan area might not be very effective. However, if the same number of people, but from a carefully selected segment of the driving population, chooses not to drive at rush hour, this could reduce congestion significantly.
The study, published in the Dec. 20 issue of the journal Scientific Reports, demonstrates that canceling or delaying the trips of 1 percent of all drivers across a road network would reduce delays caused by congestion by only about 3 percent. But canceling the trips of 1 percent of drivers from carefully selected neighborhoods would reduce the extra travel time for all other drivers in a metropolitan area by as much as 18 percent.
"This has an analogy in many other flows in networks," says lead research Marta González, the Gilbert W. Winslow Career Development Assistant Professor in MIT's Department of Civil and Environmental Engineering. "Being able to detect and then release the congestion in the most affected arteries improves the functioning of the entire coronary system."
The study, designed by González and former MIT postdoc Pu Wang, now a professor at Central South University, is the first large-scale traffic study to track travel using anonymous cellphone data rather than survey data or information obtained from U.S. Census Bureau travel diaries. Both of these are prone to error because of the time lag between gathering and releasing data and the reliance on self-reporting.
González and Wang used three weeks of cellphone data to obtain information about anonymous drivers' routes and the estimated traffic volume and speed on those routes. They inferred a driver's home neighborhood from the regularity of the route traveled and from the locations of cell towers that handled calls made between 9 p.m. and 6 a.m. They combined this with information about population densities and the location and capacity of roads in the networks of two metropolitan areas — Boston and San Francisco — to determine which neighborhoods are the largest sources of drivers on each road segment, and which roads these drivers use to connect from home to highways and other major roadways.
In the Boston area, they found that canceling 1 percent of trips by select drivers in the Massachusetts municipalities of Everett, Marlborough, Lawrence, Lowell and Waltham would cut all drivers' additional commuting time caused by traffic congestion by 18 percent. In the San Francisco area, canceling trips by drivers from Dublin, Hayward, San Jose, San Rafael and parts of San Ramon would cut 14 percent from the travel time of other drivers.
"These percentages are averages based on a one-hour commute with additional minutes caused by congestion," Wang says. "The drivers stuck in the roads with worst congestion would see the greatest percentage of time savings, because the selective strategy can more efficiently decrease the traffic flows in congested roads."
To validate the study's methodology, Alexandre Bayen, an associate professor of systems engineering at Berkeley, and graduate student Timothy Hunter compared González and Wang's estimations of travel time based on cellphone data with their own data obtained from GPS sensors in taxis in the San Francisco area. Using GPS data, Bayen and Hunter computed taxis' speed based on travel time from one location to another; from that speed of travel, they then determined congestion levels. Their findings agreed with those of González and Wang.
Because the new methodology requires only three types of data — population density, topological information about a road network, and cellphone data — it can be used for almost any urban area.
"In many cities in the developing world, traffic congestion is a major problem and travel surveys don't exist," González says. "So the detailed methodology we developed for using cellphone data to accurately characterize road network use could help traffic managers control congestion and allow planners to create road networks that fit a population's needs."
González and Wang are currently studying road use in the Dominican Republic, France, Portugal, Rwanda and Spain. They treat the anonymous cellphone data with the privacy-protection measures required for the treatment of human subjects under an institutional review board.
Massachusetts Institute of Technology: http://web.mit.edu/newsoffice
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The car maker is set to roll out a Cadillac in 2017 that will practically drive itself on the highway
The printer's goal is to make spare parts and tools for the International Space Station
Prosthetic arms or legs normally cost thousands of dollars, but a UNC student has made a functioning hand at a much more affordable price
A Russian website is spying on thousands of people through the owners' computers.
Volvo is showing off its autonomous vehicles, which it claims could prevent car crashes
Look for wasted urban heat and you see it everywhere. Cities worldwide are finally starting to address this with collective methods to stay toasty
Researchers at Google and Stanford University are teaching computers to recognize images well enough to write spot-on captions for them
A new ruling by the NTSB is rattling America's fledgling drone industry. While the Federal Aviation Administration is still considering how to regulate the commercial use of drones, NTSB is calling them aircraft, which could set a precedent. Jeff Pegues reports.
Frank Swain has been going deaf since his 20s. Now he has hacked his hearing so he can listen in to the data that surrounds us
If you've been stung by an online buy, you can get even online too, thanks to an unexpected side effect of the e-commerce boom


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Fox's 'MasterChef Junior' Renewed for Season 2
Kids cooking competition show "MasterChef Junior" is returning to the kitchen.
Host and judge Gordon Ramsay's reality show that follows tween and teen culinary geniuses through food-related challenges averaged 5.1 million total viewers in its first season. Chef Graham Elliot and restauranteur/winemaker Joe Bastianich also judge.
The show is produced by Shine America and the Ramsay-cofounded One Potato Two Potato and is based on a format created by Franc Roddam and Shine.
"MasterChef Junior is one of the few shows on television that the entire family can truly enjoy together, and I can't wait to see what Gordon, Joe, Graham and the next round of rambunctious, ridiculously talented junior chefs cook up in season two," said Kevin Reilly, Fox chairman of entertainment.
Open casting calls for season two take place in January in New York, Los Angeles, Dallas and Chicago. More information about casting can be found at masterchefjuniorcasting.com.
Related storiesSimon Cowell Confirms Demi Lovato Exiting 'X Factor'Future of Fox's 'X Factor' Unclear as Season 3 Finale ApproachesFox Unlocks Shows on Xbox One for Pay-TV Subscribers 2013 Variety Media, LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency, LLCCopyright © 2014, Daily Press


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Say goodbye to traditional books. Very soon, most publications that still use paper will be gone, and clean digital publishing will conquer the world. Your digital buys are about to get much bigger.
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They Call It SOCIALISM!
Last time we introduced our subject by discussing aspects of the Great Depression and the earnest start of Socialism in America. It effectively began with Woodrow Wilson and was carried along by FDR. Since then, many presidents have come and gone and nearly all of them have continued to push this country toward Socialism. President Obama is continuing where FDR left off by giving America the universal health care that FDR so desperately wanted to see in place.
On tonight's show - from 8:00 to 9:00 EST - we'll continue our discussion and add in heavy doses of reality with Saul Alinsky's tactics found in his book, "Rules for Radicals." Why does it appear that there are so many problems in America (along with scandals and false flags) that we cannot keep track of it? Anything to do with Alinsky and his push for Socialism?
Join Dr. Fred tonight with his co-host, DavidR here on TRUTH TRENDS, part of For Truth's Sake!
From Electoral Politics to Socialism
In this episode, we dicuss why it's important for people to get involved in the political process especially on the local level, and how such involvement can ultimately help bring about socialism. In part of our discussion, we will talk about socialist city council woman Kshama Sawant in Seattle as an example of what local political involement means.
National & International Roundtable
Dan Moyo (standing directly behind the Honorable Nelson Mandela), joined the African National Congress underground unit in 1979 which led to his membership to UMkhonto weSizwe its military wing later in the same year. He received both military and political training in Angola and redeployed back into South Africa to engage the enemy in the Eastern front area now called Mpumalanga where he was originally born. Early in March 1981, he was arrested and charged under the notorious terrorism act of 1967, and wassentenced to 10-yrs with 5-yesrs minimum and 5-years to run concurrently.
He was imprisoned to serve his sentenced in Robben Island Maximum Security Prison where all other freedom fighters were kept including former Rivonia trial's ANC leadership. The late President Nelson Mandela was a member of this imprisoned group.
National & International Roundtable
Bonita McAfee-Mitchell, Founder & CEO of Thread of Hope Records, is making a sound with the celebrated school curriculum program "I'm Saving Myself." She may have been a celebrated wardrobe stylist for Stevie Wonder but Bonita McAfee-Mitchell, Founder and CEO of Thread of Hope Records, is stitching a new mission which resonates John Lennon's poignant message "All You Need Is Love." Mitchell is taking her Benton Harbor, Michigan based company's "I'm Saving Myself" youth program into the national limelight with a theme which teaches self-love as the first and most important element to making wise choices.
Judith Smith-Since September 2011 Judith has taken the role of Key Srategist and Co-Project Director for the Jamaican Olympic Ice Hockey Federation (JOIHF), a non-profit dedicated to the empowerment of Jamaican youth: providing opportunities for athletes of Jamaican, Caribbean and West Indian heritage, worldwide seeking to develop and/or enhance their skills for competition in winter sports, including competition at the Olympic Game level. She was brought in by her brother, G. Webster Smith co-founder of JOIHF. He was a colleague and friend of Co-Founder and CEO, EJ Phillipps, who had this wonderful vision.
The Heretics' Hour: What is and isn't National-Socialism
in Education
And who is and isn't a National-Socialist. Everyone thinks they understand National-Socialism but few do. What is the difference between Fascism and N-S? Carolyn also shares some of her genealogy.
How Can Socialism Help Dismantle Institutionalized Racism
In this episode, we discuss what racism is, and how real socialism could help dismantle the institutionalized racism.
National & International Roundtable
.In 'Washington, DC, Roscoe was known as very civic active and political savy spouse. Sheappeared frequently on Television and was often mentioned in the Press. Roscoe like Ron, prior to coming to Washington, DC was passionate about ending the violent, oppressive practice of Apartheid. In the 1970's, Oakland and Berkeley, San Francisco's East Bay, led the way of the anti-apartheid movement. On college campuses across America students began to push for the end to this South African policy. In the 1980's Annette Lantos, wife of Congressman Tom Lantos (deceased of California) invited Roscoe to join the Congressional Human Rights Caucus' Committee of 21. This bi-partisan caucus of the United States House of Representative was organized by Congressman Lantos, who was a survivor of the Camps during the Holocaust. The Committee of 21 is a program for women Members of the House and Senate and wives of Members of Congress. The Committee encourages the women to "adopt" victims of human rights abuse. The caucus first focused on the ill-treatment of Jews within the Soviet Union. When the Human Right Caucus directed its attention to South Africa, it became involved inthecase of Murphy Morobe a black South African ANC leader in the fight against apartheid. Roscoe was asked to "adopt" Mr. Morobe through the Committee of 21. Mr. Morobe and two of his colleagues in South African prisons escaped and sought refuge at the U.S, Consulate in Johannesburg.
National & International Roundtable
IConstance Miller, completed her undergraduate work in social psychology at the University of Washington (UW). Her Master's Degree in social psychology was undertaken in a program for social change activists known as Goddard-Cambridge Graduate School in Cambridge, Massachusetts. "
Following graduate school she pursued a brief career as an associate professor of women's studies at the UW. Subsequently, she took a job as a program analysis in an executive department of Seattle City Government.
She became a traumatic brain injury (TBI) Advocate more than thirty years ago following a motor vehicle collision that left her with permanent impairments from a moderate TBI.
Back then there was very little information of any type on concussion, and the existing literature typically blamed the patient for the appearance of the symptoms of what is now known as post-concussion syndrome. Fortunately, her academic training in research methodology enabled her to spot the flaws in such reasoning. She took what she learned and put it into a self-advocacy guide on brain injury.
She titled the book, FROM THE ASHES, because she felt that it reflected the destructive effects of brain injury in her life. Shortly after its publication she was recruited by the American Academy of Neurology to help them redesigned their guidelines for diagnosing and treating concussion in sports.
Realizing the vastness of the problem of brain injury and the lack of resources and awareness she decided to found a non-profit organization to address brain injury from the survivor's perspective. Known as Brain Injury Resource Center it was established in 1985 and has evolved into the first national resource center for persons with traumatic brain injuries.
Part II: How Can Socialism Help Dismantle Institutionalized Racism
In last week's show, we defined what and how institutionalized racism works. In this part 2, we will discuss how socialism can help dismantle institutionalized racism.
FBU National Championship Hunt (Southwest Region Edition)
in Football
This Week show will focus on The 2014 FBU National Championship, set to roll south to sunny Naples, Florida this December! Out of the 192 teams who are about to begin their journeys across 16 different regions of the USA, only 12 teams will advance to FBU Championship Weekend in Naples. NSR Radio will talk Southwest region with the Director of Player Development in the (Oklahoma, Louisiana, Texas (San Antonio) region, Dee Jenkins.
National & International Roundtable
Dr. E Fay Williams,Esq- is the President/CEO of the National Congress of Black Women and former Counsel to the U.S. Congress' District of Columbia Sub-Committee on the Judiciary andEducation. She previously served as Legislative Counsel and Chief of Staff for a District of Columbia Councilmember. She is a Commissioner appointed by President Barack Obama to the Presidential Scholars Commission.
She holds a BS Degree in Speech, English and Dramatic Arts; a Masters and PhD in Public Administration; Administration and Supervision Credential; Jurist Doctorate and Doctor of Ministry.
Nina Clymer has over 20 years of leadership experience in both the non-profit and for-profit sectors in the field of healthcare, including executive oversight of domestic violence and human sex trafficking programs, as well as women's health consulting. She is passionate about social justice, or people having the ability to realize their potential in the community and society where they reside. Nina's education includes an MBA from Santa Clara University, a BS in Nursing from Northeastern University, and a Coaching Certificate from The Fielding Institute.
Independence, Solutions to Tyranny, and the Ills of Socialism (10.21.14)
Concede and become subjects or resist and be free? That is our choice, and Shane Krauser, the host of Liberty Storm, talks about that and whole lot more. Shane covers the following:
1. Reenergizing the American people can be done, but it's going to take a few to impact the many.
2. The Declaration of Independence is critical to understand. What does it mean today?
3. Why is socialism such a bad deal? Don't miss this great commentary!
Facebook: Liberty Storm with Shane Krauser
Twitter: Shane Krauser
Find out more about how to get involved by going to Freedom Fires or Shane Krauser Enterprises.
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Analytics technology isn't just for customer service and distribution systems. Pattern recognition techniques are allowing utilities to wade through large reams of data and identify incipient...
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state of Iowa, was not considered in this study. This additional state subsidy would increase the rate of return substantially.
Any economic analysis should be site/case-specific. The economics presented in this article are presented only as information to the public.
- Boshart, Rod, "Wind Plant to Generate Revenue," , March 26, 2003.
- Private communication, Dave DeWitte, , April 22, 2003.
- Phillips, C., "Private Communications, Financial and Economic Review," Universal Electric Power Inc., May 2003.
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We have opportunities to trek in various places around the world. From 2 day walks to intense challenges that will really put your body to the test.
Yorkshire Three Peaks
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Trek to the base camp of the world's highest mountain on this challenging 18-day event where you will climb to 5,545m.
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On this nine-day trek, walk in the footsteps of those who defended the Great Wall centuries ago.
Great Wall Triple Challenge
16-25 October 2015
Take this once-in-a-lifetime opportunity to run, cycle and trek on and in the shadows of the Great Wall.
Lake District Five Peak Challenge
17-18 April / 31 July - 1 August 2015
This exciting challenge will have you trekking up and down five picturesque peaks in the Lake District in one day.


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Diaspora again.
(I don't mind ello, but who knows if anyone will bother logging in after a while.) (Of course, scarcely anyone I know was talking on diaspora in the past three years, either.)
Anyway if you should happen to need a diaspora invite, let me know.
My diaspora account links from the thingie up on the right (FOLLOW ME) and also you can share there from the * icon below.


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Congratulations to the winners of the 25th October Bonanza!
Our cricketers and tennis players travelled to Port Elizabeth to play a match vs Grey PE.
A promise of things to come....
QCOBA National Golf Day and Mr Seconds toy duck...
St Stithians included a trip to Queenstown as part of their cricket tour!
A great set of results from our cricketers!
The final term of 2014 has arrived!
Border Country Districts Tennis Tournament held in Graaff-Reinet
Queen's travelled to Alice on Saturday.


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A Blagger's Guide To: Books about Margaret Thatcher
Why the Iron Lady's passing is a boon to publishers
Saturday 13 April 2013
In what a Waterstones spokesman called "a true Thatcher effect on sales", the industry reported a huge spike in demand for all books by, and about, Margaret Thatcher in the week after her death. The two volumes of her memoir, The Downing Street Years and Path to Power (HarperPress, £12.99 each), have seen respective week-on-week increases of 750 per cent and 860 per cent at Waterstones.
Thatcher's own favourite author was Frederick Forsyth, whose spy thrillers she confessed to enjoying just before bed. "She … loved it that a Mrs Thatcher was in the books," explained Forsyth in 2001. "Most Prime Ministers have a soft spot for the security services, for whom they have a special responsibility," wrote Nigel Lawson in his memoir The View from No.11: Memoirs of a Tory Radical. "But Margaret, an avid reader of ... Frederick Forsyth, was positively besotted by them."
In her memoir, Must You Go? My Life with Harold Pinter (Weidenfeld & Nicolson), Antonia Fraser reveals that she and Pinter voted for Thatcher in 1979, and supported the Falklands war. "It was idiotic," he later said. "Infantile, on my part".
In Alan Hollinghurst's The Line of Beauty, the hero Nick Guest dances with Thatcher at a party, to The Rolling Stones' "Get Off of My Cloud".
Gillian Shephard's The Real Iron Lady was published last month. Among other insights, it tells the story of Thatcher and an adviser working late into the night on a speech, before the Prime Minister ran the adviser a bath and put a hot water bottle in her bed.
Charles Moore's Margaret Thatcher: the Authorized Biography Volume One: Not For Turning will finally be allowed free of the printer's blocks, having been commissioned in 1997 on the condition that it would only be published after her death. Moore is currently writing the second volume, Herself Alone.
The two volumes of Thatcher's own memoirs were re-released last week as a single, abridged volume with the new title Margaret Thatcher: The Autobiography.
Damian Barr's Maggie and Me describes growing up in the Scottish industrial town of Ravenscraig It was due out in May but has been brought forward to 25 April. It opens with young Damian and his mother watching news of the Brighton bomb: "The Grand Hotel survives. So does Maggie. So will I."
Tindal Street Press will also move forward the paperback release of Anthony Cartwright's How I Killed Margaret Thatcher, which had been due in August.
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Christmas TV schedule 2014: The best shows to watch from Downton Abbey to Black Mirror
Marilyn Manson denies involvement in shocking Lana Del Rey rape video
Obama: The only people with the right to object to immigration are Native Americans
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The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
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WIN a trip for two to Cuba
Follow Simon Calder's journey in Cuba, and enter our competition to win a trip for two to Cuba
Caribbean luxury at its finest
Barbados offers a new slice of holiday heaven at Port Ferdnand and Saint Peter's Bay Luxury Resorts
Rainbow list 2014: The LBGT people who make a real difference
Introducing our annual celebration of the lesbian, bisexual, gay, and transgender people who make a real difference
i100: Who makes your world a better place?
Tweet us the people who deserve some recognition to @thei100 with the hashtag #everydayhero and tell us why.
2014 WISE Summit
For the past four years, Qatar Foundation has been awarding an international prize for education each year, the first award of its kind in the world. Find out more...
Build yourself a brighter future
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Sir Ranulph Fiennes maintains that a lack of qualifications drove him on to climb Everest , circumnavigate the globe and walk to the South and North Poles.
i100 Quiz: How much do you know about time?
True or False: Sloths sleep more than all other animals...
From medieval to ultramodern
Mons is embracing the future as it prepares for its role as next year's European Capital of Culture, but it's also steeped in intriguing history. Philip Sweeney explores its two sides
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Win anything from gadgets to five-star holidays on our competitions and offers page.
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Watch the best in the business world give their insights into the world of business.


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