This paper is about “Capital in the Twenty-first Century” by Thomas Piketty. It identifies his central macroeconomic …

Wie entstehen die Akkumulation und die Distribution von Kapital? Welche Dynamiken sind dafür maßgeblich? Fragen der … aussagekräftige Daten und eine überzeugende Theorie fehlten. In Das Kapital im 21. Jahrhundert analysiert Thomas Piketty ein … Ausmaß zu entgehen, das Karl Marx prophezeit hatte. Aber wir haben die Strukturen von Kapital und Ungleichheit andererseits …

Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history … reasons for Capital's phenomenal success, followed by the published reviews of Nobel laureates Robert Solow and Paul Krugman … contributors ask whether Piketty said enough about power, slavery, and the complex nature of capital. Laura Tyson and Michael …

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