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Thomas Piketty

“showed that even with the considerable increase in the average level of education over the course of the twentieth century, earned income inequality did not decrease. Qualification levels shifted upward: a high school diploma now represents what a grade school certificate used to mean, a college degree what a high school diploma used to stand for, and so on.”

Thomas Piketty, Capital in the Twenty-First Century
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Capital in the Twenty-First Century Capital in the Twenty-First Century by Thomas Piketty
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