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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In other words, if real estate and oil prices rise, then people should move to the
country or take to traveling about by bicycle (or both). Never mind that such
adjustments might be unpleasant or complicated; they might also take decades, ...
... also take decades, during which landlords and oil well owners might well
accumulate claims on the rest of the population so extensive that they could
easily come to own everything that can be owned, including rural real estate and
... and other remuneration statutorily classified as labor related) and income from
capital (rent, dividends, interest, profits, capital gains, royalties, and other income
derived from the mere fact of owning capital in the form of land, real estate, ...
In other words, the progress of technological rationality is supposed to lead
automatically to the triumph of human capital over financial capital and real
estate, capable managers over fat-cat stockholders, and skill over nepotism.
... reflects a divergence mechanism that is in some ways simpler and more
transparent and no doubt exerts greater influence on the long-run evolution of the
wealth distribution. Figure I.2 shows the total value of private wealth (in real
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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