What We Are Reading Today: Outliers

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Updated 14 November 2021
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What We Are Reading Today: Outliers

Author: Malcolm Gladwell

An outlier is anything or anyone that lies outside the norm, way beyond the plane of the existing majority. In other words, men and women who transcend the success of their counterparts.
“Outliers” by Malcolm Gladwell is a self-help book written in a journalistic tone, with persuasive rhetoric. Gladwell’s main thesis is that success is never solely the result of talent, hard work, and effort. He instead argues that advantage and context play a vital role in the success of the particular individuals mentioned in the book.
This argument is supported by the examples and evidence seen in the chapter “The Matthew Effect.” Gladwell unveils the hidden opportunities and external factors that influence the success of an outlier, far beyond merit. From The Beatles to Chris Langan, the book presents us with examples of outliers showcasing the folly of culturally dominant narratives of success and achievement.


What We Are Reading Today: A Capital’s Capital

Updated 16 February 2026
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What We Are Reading Today: A Capital’s Capital

Authors: Gilles  Postel-Vinay and Jean-Laurent Rosenthal

Successful economies sustain capital accumulation across generations, and capital accumulation leads to large increases in private wealth. In this book, Gilles Postel-Vinay and Jean-Laurent Rosenthal map the fluctuations in wealth and its distribution in Paris between 1807 and 1977. 

Drawing on a unique dataset of the bequests of almost 800,000 Parisians, they show that real wealth per decedent varied immensely during this period while inequality began high and declined only slowly. 

Parisians’ portfolios document startling changes in the geography and types of wealth over time.

Postel-Vinay and Rosenthal’s account reveals the impact of economic factors (large shocks, technological changes, differential returns to wealth), political factors (changes in taxation), and demographic and social factors (age and gender) on wealth and inequality.

Before World War I, private wealth was highly predictive of other indicators of welfare, including different forms of human capital, age at death, and access to local public goods.