Capital in the Twenty-First CenturyHarvard University Press, 10 mar 2014 - 685 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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Pagina 15
... Bank of China? Or perhaps it will be owned by the tax havens in which many of these actors will have sought refuge. It would be absurd not to raise the question of who will own what and simply to assume from the outset that growth is ...
... Bank of China? Or perhaps it will be owned by the tax havens in which many of these actors will have sought refuge. It would be absurd not to raise the question of who will own what and simply to assume from the outset that growth is ...
Pagina 48
... (bank accounts, mutual funds, bonds, stocks, financial investments of all kinds, insurance poli- cies, pension funds, etc.), less the total amount of financial liabilities (debt).9 If we look only at the assets and liabilities of private ...
... (bank accounts, mutual funds, bonds, stocks, financial investments of all kinds, insurance poli- cies, pension funds, etc.), less the total amount of financial liabilities (debt).9 If we look only at the assets and liabilities of private ...
Pagina 51
... bank account, the equivalent of a few weeks' or months' worth of wages. Some people even have negative wealth: in other words, the goods they own are worth less than the debts they owe. By contrast, others have consider- able fortunes ...
... bank account, the equivalent of a few weeks' or months' worth of wages. Some people even have negative wealth: in other words, the goods they own are worth less than the debts they owe. By contrast, others have consider- able fortunes ...
Pagina 58
... banks, government statistical agencies in various developed countries compiled and published annual series of data on the assets and liabilities of different groups, in addition to the usual income and output data. These wealth accounts ...
... banks, government statistical agencies in various developed countries compiled and published annual series of data on the assets and liabilities of different groups, in addition to the usual income and output data. These wealth accounts ...
Pagina 64
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Sommario
1 | |
37 | |
The Dynamics Of The CapitalIncome Ratio | 111 |
The Structure Of In Equality | 235 |
Regulating Capital In The Twenty First Century | 469 |
Conclusion | 571 |
Notes | 579 |
Contents in Detail | 657 |
Tables and Illustrations | 665 |
Index | 671 |
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accounts accumulation amount annual assets average banks Britain capital/income ratio Chapter compared countries debt decades decrease developed distribution economic effect equal especially estimates Europe European euros evolution example explain extreme fact Figure firms flow forces foreign fortunes France French Germany global greater growth rate higher historical important increase individuals inequality inflation inheritance interest investment Italy labor land least less limited living means measure million national income natural nearly nineteenth century Note observed ofthe online technical appendix output particular percent period political population possible productivity progressive question reason relatively rent return on capital rich rise role savings share social society sources structure sure Table tion twentieth century twenty-first United wage wealth