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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20232 |
来源ID | Working Paper 20232 |
Making the Most of Capital in the 21st Century | |
Peter H. Lindert | |
发表日期 | 2014-06-19 |
出版年 | 2014 |
语种 | 英语 |
摘要 | Thomas Piketty's monumental Capital in the Twenty-First Century has transported us to a higher understanding of historical movements in inequality. This essay ranks the promise of different paths that scholars can usefully follow from the point to which his book has guided us. The main path to follow is the income inequality history so well paved by Piketty and his team, supported by the book's history of twentieth-century shocks and political responses. Less promising is the book's emphasis on wealth, capital, and the rate of return. Following the income route to better inequality predictions requires merging his team's history of top income shares with the history of inequality movements within the lower 90 percent. It also invites a merger with other scholarship that has shown positive growth effects of the kind of democracy Piketty calls for. |
主题 | Microeconomics ; Market Structure and Distribution ; Welfare and Collective Choice ; Macroeconomics ; Public Economics ; Taxation ; History ; Macroeconomic History ; Labor and Health History |
URL | https://www.nber.org/papers/w20232 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577905 |
推荐引用方式 GB/T 7714 | Peter H. Lindert. Making the Most of Capital in the 21st Century. 2014. |
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