Capital in the Twenty-First Century
Harvard University Press, 14 ago 2017 - 816 pagine
The main driver of inequality—returns on capital that exceed the rate of economic growth—is again threatening to generate extreme discontent and undermine democratic values. Thomas Piketty’s findings in this ambitious, original, rigorous work will transform debate and set the agenda for the next generation of thought about wealth and inequality.
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More specifically, at the beginning of this period, the upper decile of the income
distribution (that is, the top 10 percent of US earners) claimed 45–50 percent of
annual national income. By the late 1940s, the share of the top decile had ...
S h a r e o f t o p d e c i l e i n n a t i o n a l i n c o m e The top decile share in US
national income dropped from 45–50 percent in the 1910s–1920s to less than 35
percent in the 1950s (this is the fall documented by Kuznets); it then rose from ...
The top decile claimed as much as 45–50 percent of national income in the
1910s–1920s before dropping to 30–35 percent by the end of the 1940s.
Inequality then stabilized at that level from 1950 to 1970. We subsequently see a
rapid rise in ...
In practice, the median income (that is, the income level below which 50 percent
of the population sits) is generally on the order of 20–30 percent less than
average income. This is because the upper tail of the income distribution is much
By 2010, the European– American share had declined to roughly 50 percent, or
approximately the same level as in 1860. In all probability, it will continue to fall
and may go as low as 20–30 percent at some point in the twenty-first century.
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Valutazioni degli utenti
LibraryThing ReviewRecensione dell'utente - willszal - LibraryThing
I remember being in a book shop in San Francisco when “Capital in the 21st Century” was first published in 2014. It couldn’t have been more timely, following on the heels of Occupy Wall Street and the ... Leggi recensione completa
LibraryThing ReviewRecensione dell'utente - DLMorrese - LibraryThing
There's a lot of good data here, and some excellent recommendations, but.... Like a lot of economics books, this one is pretty dry. The first 300 pages tend to belabor the obvious, repeating the same ... Leggi recensione completa