The argument by Piketty and others that there is growing inequality and this is causing damage is not new. But regardless of who is running this argument, it is significantly flawed. The poor have definitely improved their situation, especially if taxes and income support are included, in many...

Stock models, in which production is interpreted as if it were the population growth of a stock, have been the preferred tool for fishery economics since Clark and Munro (1975) introduced capital theory in these models. Ravn-Jonsen (2009c) applied capital theory to a model in which the...

Introduction: the sign of autumn -- Beyond greed -- Financial instability -- Fictitious capital: the genealogy of a concept -- The contemporary rise of fictitious capital -- Financial accumulation -- Where do financial profits come from? -- Finance in service of the metamorphoses of capital --...