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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Others believe that inequality is naturally decreasing, or that harmony comes
about automatically, and that in any case nothing should be done that might risk
disturbing this happy equilibrium. Given this dialogue of the deaf, in which each ...
The landlords will therefore claim a growing share of national income, as the
share available to the rest of the population decreases, thus upsetting the social
equilibrium. For Ricardo, the only logically and politically acceptable answer was
This somber prediction proved wrong: land rents did remain high for an extended
period, but in the end the value of farm land inexorably declined relative to other
forms of wealth as the share of agriculture in national income decreased.
The data we have assembled nevertheless reveal no structural decrease in
inequality prior to World War I. What we see in the period 1870–1914 is at best a
stabilization of inequality at an extremely high level, and in certain respects an ...
According to Kuznets's theory, income inequality would automatically decrease in
advanced phases of capitalist development, regardless of economic policy
choices or other differences between countries, until eventually it stabilized at an
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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