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The arithmetic of Piketty's second fundamental law of capitalism

Economist and author Thomas Piketty speaks to the Department of Economics at the University of California, Berkeley on April 23, 2014. Piketty gave a lecture about his best-selling book titled 'Capital in the Twenty-First Century.'
Economist and author Thomas Piketty speaks to the Department of Economics at the University of California, Berkeley on April 23, 2014. Piketty gave a lecture about his best-selling book titled 'Capital in the Twenty-First Century.'
Photo by Justin Sullivan/Getty Images
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