Thomas Piketty rejects France’s Legion of Honour award

first_imgFrance’s rock star economist Thomas Piketty has turned down France’s highest state honour because, in his view, it is not the role of the government to dispense these kinds of awards.The economist made waves in 2014 and topped the Amazon bestseller list with his book Capital in the 21st Century, which postulated that inequality will soar under capitalism’s current trajectory because the rate of return on capital (r) tends to be higher than the growth rate of the economy (g). According to Agence France-Presse, Piketty said:I just found out that I have been proposed for the Legion of Honour. I refuse this nomination because I do not think it is the government’s role to decide who is honourable.He added:They would do better to concentrate on reviving (economic) growth in France and Europe.Piketty’s native France has been beset by economic woes with high unemployment, poor growth and failure to meet its deficit targets. France was recently overtaken by Britain to become the world’s fifth largest economy and recently abandoned its much ridiculed 75 per cent tax rate on the rich.Piketty was at one time close to President Hollande’s Socialist government but has since distanced himself from the administration. In Britain, the Queen’s New Year Honours list was recently revealed, which included Esther Rantzen and Sheridan Smith. Share More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: Jeff Misenti Thomas Piketty rejects France’s Legion of Honour award Tags: People Thomas Pikettycenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirrorzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus Eliminator whatsapp whatsapp Show Comments ▼ Thursday 1 January 2015 11:20 amlast_img

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