<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class="">The AWARE group reading “Capital in the Twenty-First Century” will meet tonight, Wednesday 3 June, at 6pm at 5 Litchfield Lane in Champaign.<div class=""><br class="">Reading for this week is the rest of "Part Two: The Dynamics of the Capital/Income Ratio": i.e., <br class="">~ chapter 5 "The Capital/Income Ratio over the Long Run,” and </div><div class="">~ chapter 6 "The Capital-Labor Split in the Twenty-First Century.” <br class=""><br class=""></div><div class="">Both chapters are more readable and less daunting than they sound. <br class=""><br class="">On-line access: <<a href="http://resistir.info/livros/piketty_capital_in_the_21_century_2014.pdf" class="">http://resistir.info/livros/piketty_capital_in_the_21_century_2014.pdf</a>>.<br class=""><br class="">—CGE <br class=""><br class=""></div><div class=""><br class=""></div><div class="">P.S. - a review by Joseph Stiglitz: <<a href="http://www.salon.com/2015/01/02/joseph_stiglitz_thomas_piketty_gets_income_inequality_wrong_partner/" class="">http://www.salon.com/2015/01/02/joseph_stiglitz_thomas_piketty_gets_income_inequality_wrong_partner/</a>>.</div><div class=""><br class=""></div><div class="">Stiglitz is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and a former chief economist of the World Bank. He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists"), and some international institutions like the International Monetary Fund and the World Bank.<br class=""><br class="">Based on academic citations, Stiglitz is the 4th most influential economist in the world today. (The top three are Chicago-school neoliberals - Andrei Shleifer, James J. Heckman, and Robert J. Barro.) Stiglitz's work focuses on income distribution, asset risk management, corporate governance, and international trade. He is a severe critic of President’s Obama’s secret Trans-Pacific Partnership, which AWARE will be demonstrating against this Saturday, 2-4pm at Main & Neil in downtown Champaign. </div><div class=""><br class=""></div><div class=""><br class=""></div></body></html>