Author : Thomas Piketty
Publisher : Harvard University Press
Release :2017-08-14
Total pages :816
Language : EN, FR, DE, ES
ISBN : 9780674979857

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.

Author : Edward Fullbrook,Jamie Morgan
Publisher :
Release :2014-11-24
Total pages :286
Language : EN, FR, DE, ES
ISBN : 1848901577

Thomas Piketty's book Capital in the 21st Century has already attracted more serious attention than any economics book published in the last seventy-five years. This collection of 17 essays by some of the world's most prominent economists explores Piketty's book at depth and from various vantage points. Here is what economists around the world are already saying about this book. "Marx's Capital is strong on theory but, it detractors allege, weak on data. In a dialectic worthy of Hegel himself, the critics assembled here argue that Piketty's Capital stands opposite to Marx's, as strong on data but weak on theory. This combination--plus its exquisite timing--explains it critical acclaim. The juxtaposition of economic stagnation and obscene inequality in the aftermath of the financial crisis made it impossible for mainstream economists to continue ignoring inequality, let alone applauding it as they have done for so long. Piketty made it possible for them to acknowledge it without abandoning their comforting but false mainstream theories of capitalism. These authors in this volume applaud Piketty for his contribution to empirical knowledge, but reject his views on how this inequality came about. The true Capital for the 21st century is still yet to be written." - Steve Keen, Kingston University, London "Neoclassical economics spawned a utopian belief in capitalism with unregulated market forces. Thomas Piketty's empirical analysis has dealt a fatal blow to that belief by highlighting the recent huge redistributions of income and wealth to the ultra-rich. This raises a fundamental question for people around the world: How do we achieve a better world through economic policies? This global collection addresses that question and explores theoretical explanations for Piketty's empirical findings." - Ping Chen, Fudan University and Peking University, China "Are the theoretical explanations proposed by Thomas Piketty of the rising inequalities valid? What is the meaning of his first and second "laws" of capitalism? This book is indispensable for anyone seeking answers to these questions." - Andre Orlean, Ecole des Hautes Etudes en Sciences Sociales, Paris "By examining Thomas Piketty's Capital in the Twenty-First Century from different angles, the 18 contributors to this invaluable book add enormously to our understanding of inequality and of policy options for reducing it. They point to the lack of a distinction between rentier income and earned income, to the severe limits of marginal productivity theory that Piketty employs and to the utopian nature of Piketty's only suggested remedy. - Norbert Haering, Economics Editor, Handelsblatt, Germany "Piketty's book Capital in the Twentieth Century served the cause of drawing the world's attention to inequality under capitalism in the long haul, based on a fresh and innovative look at new evidence. This book serves that cause even better by focusing on the inadequacies of Piketty's analysis of the processes and mechanisms leading to that inequality, and, therefore, on what needs to be done to address it." - C. P. Chandrasekhar, Jawaharlal Nehru University, New Delhi "Thomas Piketty's Capital in the Twenty-First Century was the publishing sensation of 2104, focussing the world's attention on the huge and continuing growth in inequality that poses a serious economic, political and social threat to us all. In this important new book, 18 economists from Europe, North America and Asia offer sympathetic but critical appraisals of Piketty's theoretical framework, his empirical analysis and his radical policy proposals. This is not the last word on Piketty - whatever could be? - but it is indispensable reading for everyone who is interested in one of the most important challenges of our time." - John King, La Trobe University, Australia

Author : Thomas Piketty
Publisher : Harvard University Press
Release :2015-08-03
Total pages :142
Language : EN, FR, DE, ES
ISBN : 9780674504806

Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.

Author : Thomas Piketty
Publisher : Harvard University Press
Release :2020-03-10
Total pages :976
Language : EN, FR, DE, ES
ISBN : 9780674245082

Thomas Piketty’s Capital in the Twenty-First Century showed that capitalism, left to itself, generates deepening inequality. In this audacious follow-up, he challenges us to revolutionize how we think about ideology and history, exposing the ideas that have sustained inequality since premodern times and outlining a fairer economic system.

Author : Heather Boushey,J. Bradford DeLong,Marshall Steinbaum
Publisher : Harvard University Press
Release :2017-05-08
Total pages :688
Language : EN, FR, DE, ES
ISBN : 9780674978171

Are Thomas Piketty’s analyses of inequality on target? Where should researchers go from here in exploring the ideas he pushed to the forefront of global conversation? In After Piketty, a cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.

Author : Stephen Kaufmann,Ingo Stützle
Publisher : Verso Books
Release :2017-08-01
Total pages :96
Language : EN, FR, DE, ES
ISBN : 9781784786168

An introduction to Thomas Piketty’s monumental work US Nobel Prize–winner Paul Krugman described Thomas Piketty’s Capital in the Twenty-First Century as “perhaps the most important book of the last decade.” It has sparked major international debates, dominated bestseller lists and generated a level of enthusiasm—as well as intense criticism—in a way no other economic or sociological work has in a long time. Piketty has been described as a new Karl Marx and placed in the same league as the economist John Maynard Keynes. The “rock star economist’s” underlying thesis is that inequality under capitalism has reached dramatic levels in the last few decades and continues to grow—and that this is not by chance. A small elite is making itself richer and richer and acquiring everincreasing levels of power. Given the sensational reception of Piketty’s not-so-easily digested 800-page study, the question as to where the hype around the book comes from deserves to be asked. What does it get right? And what should we make of it—both of the book itself and of the criticism it has received? This introduction lays out the argument of Piketty’s monumental work in a compact and understandable format, while also investigating the controversies Piketty has stirred up. In addition, the two authors demonstrate the limits, contradictions and errors of the so-called Piketty revolution.

Author : Stephen Kaufmann,Ingo Stützle
Publisher : Verso Books
Release :2017-08-01
Total pages :96
Language : EN, FR, DE, ES
ISBN : 9781784786168

An introduction to Thomas Piketty’s monumental work US Nobel Prize–winner Paul Krugman described Thomas Piketty’s Capital in the Twenty-First Century as “perhaps the most important book of the last decade.” It has sparked major international debates, dominated bestseller lists and generated a level of enthusiasm—as well as intense criticism—in a way no other economic or sociological work has in a long time. Piketty has been described as a new Karl Marx and placed in the same league as the economist John Maynard Keynes. The “rock star economist’s” underlying thesis is that inequality under capitalism has reached dramatic levels in the last few decades and continues to grow—and that this is not by chance. A small elite is making itself richer and richer and acquiring everincreasing levels of power. Given the sensational reception of Piketty’s not-so-easily digested 800-page study, the question as to where the hype around the book comes from deserves to be asked. What does it get right? And what should we make of it—both of the book itself and of the criticism it has received? This introduction lays out the argument of Piketty’s monumental work in a compact and understandable format, while also investigating the controversies Piketty has stirred up. In addition, the two authors demonstrate the limits, contradictions and errors of the so-called Piketty revolution.

Author : INSTAREAD. SUMMARIES
Publisher : Instaread
Release :2016-05-24
Total pages :34
Language : EN, FR, DE, ES
ISBN : 1683783069

Author : Emeritus Professor of History Pat Hudson,Keith Tribe,Visiting Fellow Department of History University of Bristol Keith Tribe
Publisher : Agenda Publishing
Release :2016-10-25
Total pages :256
Language : EN, FR, DE, ES
ISBN : 1911116118

This volume of essays builds upon renewed interest in the long-run global development of wealth and inequality stimulated by the publication in 2014 of Thomas Piketty's Capital in the Twenty-First Century. It brings together an international team of leading economic historians and economists to provide a comprehensive overview of global developments in the theory, practice, and policy of inequality, and its place in the modern world order. The contributors take stock of the key concepts involved - capital, wealth and income, inequality, economic development, financialization - and evaluate the evidence for historical trends in existing national statistical data sources. To the developed economies upon which Piketty drew are added contributions covering Latin America, Africa, India, and Japan, providing a global perspective upon a global phenomenon. The book seeks to provide readers with a deeper awareness and understanding of the significance of equality and inequality in economic development, the varying pace of economic change around the world, and the manner in which this process of change affects the distribution of wealth and inequality in diverse economies. The collection marks an important step in the process of developing Piketty's analytical framework and empirical material, overcoming its limitations and helping to cement a lasting place for inequality in the agenda of growth theory.

Author : Steven Pressman
Publisher : Routledge
Release :2015-10-05
Total pages :196
Language : EN, FR, DE, ES
ISBN : 9781317380023

Thomas Piketty’s Capital in the Twenty-First Century reached the top of most best-seller lists last year shortly after it was released. Nonetheless, few people actually read the book. Yet reviewers have agreed that the book is important because it touches on one of the major problems facing the US economy, the UK economy and many developed nations: rising income and wealth inequality. It also provides an explanation of the problem and a policy solution: a global wealth tax. This book is intended to do three things. First, it provides a summary of the argument of Piketty’s book, which many people have bought and few people have read. Second, it fills in some of the gaps in the book, by providing readers with the background that is needed to understand the volume and the argument. This background information discusses economic data sources, measures of inequality and why income inequality is such an important issue today. Finally, the work provides a defense of Piketty’s analysis and at times some criticism of his work. Pressman explains why the problem of rising inequality is important, where Piketty’s data comes from, and the strengths and weaknesses of that data. It defends Piketty’s inequality, r>g, as the reason inequality has risen over the past several decades in many developed nations. Using Piketty’s own data, this book argues that rising inequality is not just a characteristic of capitalism, but results from different growth rates for income and wealth, which can occur under any type of economic system. Understanding Piketty's Capital in the Twenty-First Century is the ideal introduction to one of the most important books of recent years for anyone interested in Piketty’s work and the inevitability of inequality.