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What are the implications of Piketty's Capital for sociology and political science? Capital's argument focuses on the evolution of the r/g ratio (capital returns over growth rate) and outlines two modes of economic inequalities. One is characteristic of affluent (g r) societies and the other is...
Persistent link: https://www.econbiz.de/10010899458
these investments, output levels and growth. In this context, inequality plays a key role both as a determinant of the …
Persistent link: https://www.econbiz.de/10008793414
determining inequality, as tax changes that affect hours of work will affect the distribution of wealth and income, reinforcing or …
Persistent link: https://www.econbiz.de/10008794135