Hardback Capital in the twenty-first century / Thomas Piketty ; translated by Arthur Goldhammer.
Publication year: 2014
Publisher: Cambridge : The Belknap Press of Harvard University Press,
Resource type: Physical
ISBN: 067443000X 9780674430006 (hbk.) :
Translated from the French.
Income and output -- Growth : illusions and realities -- The metamorphoses of capital -- From old Europe to the new world -- The long-run capital/income ratio -- Capital's share vs. labor's share in the twenty-first century -- Inequality and concentration : an initial orientation -- The two worlds -- Inequality in the income from labor -- Inequality in the ownership of capital -- Merit and inheritance in the long run -- Global inequality of wealth 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.
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 this title, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the 18th century, to uncover key economic and social patterns.
Original title: Capital au XXIe siècle. English
viii, 685 pages : illustrations (black and white) ; 24 cm