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Making the Most of Capital in the 21st Century

Lindert, Peter H. - 2014

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 … merging his team's history of top income shares with the history of inequality movements within the lower 90 percent. It also …

Persistent link: https://www.econbiz.de/10013052115

Capitalism and Democracy in 2040 : Forecasts and Speculations

Fogel, Robert W. - 2010

While the economies of the fifteen countries that were in the European Union (EU15) in 2000 will continue to grow from now until 2040, they will not be able to match the surges in growth that will occur in South and East Asia. In 2040, the Chinese economy will reach $123 trillion, or nearly...

Persistent link: https://www.econbiz.de/10012760039

The Rise and Decline of General Laws of Capitalism

Acemoglu, Daron - 2014

, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We …

Persistent link: https://www.econbiz.de/10013039764

The Cambridge History of "Capitalism"

Temin, Peter - 2014

This review essay of the two-volume Cambridge History of Capitalism (2014), edited by Larry Neal and Jeffrey G … economists to add depth to their understanding of the world economy today. Robert C. Allen analyzes the world distribution of … income; Randall Morck and Bernard Yeung discuss the history of business groups; and Peter Lindert surveys private and public …

Persistent link: https://www.econbiz.de/10013044351

Capital and Wealth in the 21st Century

Weil, David N. - 2015

In Capital in the 21st Century, Thomas Piketty uses the market value of tradeable assets to measure both productive capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer wealth, which have grown enormously over the last 300...

Persistent link: https://www.econbiz.de/10013029017

The Golden Dilemma

Erb, Claude B. - 2013

hedge. We also explore valuation. The real price of gold is currently high compared to history. In the past, when the real …

Persistent link: https://www.econbiz.de/10013088402

"Convergence in the Age of Mass Migration"

Taylor, Alan M. - 2013

Between 1870 and 1913, economic convergence among present OECD members (or even a wider sample of countries) was dramatic, about as dramatic as it has been over the past century and a half. The convergence can be documented in GDP per worker-hour, GDP per capita and in real wages. What were the...

Persistent link: https://www.econbiz.de/10013093434