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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Risultati 1-5 di 82
Pagina 21
... investment in training and skills. 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 ...
... investment in training and skills. 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 ...
Pagina 22
... investment in training can exclude entire social groups from the benefits of economic growth. Growth can harm some groups while benefiting others (witness the recent displacement of workers in the more ad- vanced economies by workers in ...
... investment in training can exclude entire social groups from the benefits of economic growth. Growth can harm some groups while benefiting others (witness the recent displacement of workers in the more ad- vanced economies by workers in ...
Pagina 23
... investment in skills and where all the conditions of “market efficiency” (as economists understand that term) appear to be satis- fied. What are these forces of divergence? First, top earners can quickly sepa- rate themselves from the ...
... investment in skills and where all the conditions of “market efficiency” (as economists understand that term) appear to be satis- fied. What are these forces of divergence? First, top earners can quickly sepa- rate themselves from the ...
Pagina 28
... investment. Note, for example, that it was not until the coming of the twenty-first century that the wealthy countries regained the same level of stock-market capitalization relative to GDP that Paris and London achieved in the early ...
... investment. Note, for example, that it was not until the coming of the twenty-first century that the wealthy countries regained the same level of stock-market capitalization relative to GDP that Paris and London achieved in the early ...
Pagina 52
... invested. It is therefore a broader notion than the “rate of profit,”14 and much broader than the “rate of inter- est,”15 while incorporating both. Obviously, the rate of return can vary widely, depending on the type of investment. Some ...
... invested. It is therefore a broader notion than the “rate of profit,”14 and much broader than the “rate of inter- est,”15 while incorporating both. Obviously, the rate of return can vary widely, depending on the type of investment. Some ...
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