Famous economist: Government should give all French citizens $132,000 in cash when they turn 25

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Famous economist: Government should give all French citizens $132,000 in cash when they turn 25
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The government should give all French citizens $132,000 in cash when they turn 25, this famous economist argues. (via CNBCMakeIt)

If it seems a pie-in-the-sky question, it's not completely fantastical.released his book, "Capital and Ideology" .

In the 1,232 page tome, Piketty suggests all French citizens should receive a lump-sum cash payment of 120,000 euros from the government when they turn 25,The cash payment is part of Piketty's proposal for fixing wealth inequality. It's not clear from the Bloomberg story how the "inheritance for all" payment would be funded and Piketty did not immediately respond to

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