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. |
Dall'interno del libro
Risultati 1-5 di 77
Pagina 13
... equal to half the income of the poorest 50 percent of Americans.13 The reduction of inequality was clear and incontrovertible. This was news of considerable im- portance, and it had an enormous impact on economic debate in the postwar ...
... equal to half the income of the poorest 50 percent of Americans.13 The reduction of inequality was clear and incontrovertible. This was news of considerable im- portance, and it had an enormous impact on economic debate in the postwar ...
Pagina 23
... equal distribution of wealth over the long run. To cut straight to the heart ofthe matter: in Figures I.1 and I.2 I show two basic patterns that I will try to explain in what follows. Each graph represents the importance of one of these ...
... equal distribution of wealth over the long run. To cut straight to the heart ofthe matter: in Figures I.1 and I.2 I show two basic patterns that I will try to explain in what follows. Each graph represents the importance of one of these ...
Pagina 33
... equal to the product of the return on capital and the capital/ income ratio), or β = s/g (which says that the capital/income ratio is equal in the long run to the savings rate divided by the growth rate). I ask readers not well versed ...
... equal to the product of the return on capital and the capital/ income ratio), or β = s/g (which says that the capital/income ratio is equal in the long run to the savings rate divided by the growth rate). I ask readers not well versed ...
Pagina 40
... equal share of profits in addition to his or her wages, virtually no one would be interested in the division of earnings be- tween profits and wages. If the capital-labor split gives rise to so many con- flicts, it is due first and ...
... equal share of profits in addition to his or her wages, virtually no one would be interested in the division of earnings be- tween profits and wages. If the capital-labor split gives rise to so many con- flicts, it is due first and ...
Pagina 45
... equal to output: Global income = global output7 This equality between two annual flows, income and output, is an ac- counting identity, yet it reflects an important reality. In any given year, it is impossible for total income to exceed ...
... equal to output: Global income = global output7 This equality between two annual flows, income and output, is an ac- counting identity, yet it reflects an important reality. In any given year, it is impossible for total income to exceed ...
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