The Impact of Piketty's Book

Daron Acemoglu discusses the importance of Piketty's book in transforming the debate on inequality and sparking new discussions. He acknowledges the difficulty of balancing academic rigor with appealing to a broader audience, highlighting the tension in Piketty's work. Acemoglu emphasizes the need to parse between academic statements and appeals to readers, shedding light on the role of institutions in Piketty's theoretical model.