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Capital in the twenty-first century

Author: Thomas Piketty; Arthur Goldhammer
Publisher: Cambridge : Belknap harvard, Cambridge, Massachusetts ; London : The Belknap Press of Harvard University Press, 2017. 2017. ©2014
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a  Read more...
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Document Type: Book
All Authors / Contributors: Thomas Piketty; Arthur Goldhammer
ISBN: 9780674979857 0674979850 9780674430006 067443000X
OCLC Number: 1003639044
Language Note: Translated from the French.
Notes: Originally published as Le capital au XXI siecle, 2013.
Includes index.
Description: ix, 793 pages : charts ; 22 cm
Contents: Part I. Income and capital. Income and output ; Growth : illusions and realities --
Part II. The dynamics of the capital/income ratio. The metamorphoses of capital ; From old Europe to the new world ; The capital/income ratio over the long run ; The capital-labor split in the twenty-first century --
Part III. The structure of inequality. Inequality and concentration : preliminary bearings ; Two worlds ; Inequality of labor income ; Inequality of capital ownership ; Merit and inheritance in the long run ; Global inequality of wealth in the twenty-first century --
Part IV. Regulating capital in the twenty-first century. A social state for the twenty-first century ; Rethinking the progressive income tax ; A global tax on capital ; The question of the public debt.
Other Titles: Capital au XXIe siecle.
Responsibility: Thomas Piketty ; translated by Arthur Goldhammer.

Abstract:

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.

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Thomas Piketty's Capital in the 21st Century is arguably the most important popular economics book in recent memory. It will take its place among other classics in the field that have survived Read more...

 
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