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TED: Thomas Piketty: New thoughts on capital in the twenty-first century - Thomas Piketty (2014)

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French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r > g (meaning that return on capital is generally higher than economic growth). Here, he talks through the massive data set that led him to conclude: Economic inequality is not new, but it is getting worse, with radical possible impacts.

29-Year-Old Joshua Kushner Raises A $400 Million Fund After Investing In $1 Billion Startups Like Twitch And Instagram

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Entrepreneur and investor Joshua Kushner has raised a fourth fund for his firm, Thrive Capital, to continue investing in early-stage startups. The new fund exceeds $400 million; LPs include Princeton University, Wellcome Trust, and numerous other endowments. Thrive Capital was founded five years ago; the first fund Kushner raised was $10 million, and the second was $40 million. The previous fund was $150 million, making this fourth fund Kushner's largest to date.

Not on a Social Network? You’ve Still Got a Privacy Problem

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We already know that if you use an online social network, you give up a serious slice of your privacy thanks to the omnivorous way companies like Google and Facebook gather your personal data. But new academic research offers a glimpse of what these companies may be learning about people who don't use their massive web services. And it's a bit scary. The post Not on a Social Network? You’ve Still Got a Privacy Problem appeared first on WIRED.

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