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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The law of supply and demand, as well as the mobility of capital and labor, which
is a variant of that law, may always tend toward convergence as well, but the
influence of this economic law is less powerful than the diffusion of knowledge
Inequalities would thus become more meritocratic and less static (though not
necessarily smaller): economic rationality would then in some sense
automatically give rise to democratic rationality. Another optimistic belief, which is
current at the ...
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 ...
many countries have more or less balanced net asset positions, but those
positions are quite large in absolute terms. In other words, many countries have
large capital stakes in other countries, but those other countries also have stakes
in the ...
In practice, many people earn much less than 2,500 euros a month, while others
earn dozens of times that much. Income disparities are partly the result of
unequal pay for work and partly of much larger inequalities in income from capital
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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