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Capital in the Twenty-First Century : A Critique of Thomas Piketty's Political Economy

Potter, Michael J - 2015

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...

Persistent link: https://www.econbiz.de/10013030653

The climate change challenge and fiscal instruments and policies in the EU

Avgousti, Aris; Caprioli, Francesco; Caracciolo, Giacomo; … - 2023

Fiscal policy plays a prominent role in climate change mitigation and adaptation. An optimal combination of revenue policies, in particular taxes, and expenditure policies, such as subsidies and investment, is essential in order to achieve greenhouse gas emissions targets. This paper analyses...

Persistent link: https://www.econbiz.de/10014248742

Endowment and Inequality

Shaviro, Daniel - 2009

Neither income, consumption, nor wealth is an "ideal" tax base, or one that plausibly identifies what one really should want to tax. Rather, they are best justified as imperfect stand-ins for some underlying (but unobservable) metric of inequality that may be relevant to distributive justice...

Persistent link: https://www.econbiz.de/10014183710

Learning about inequality and demand for redistribution : A meta-analysis of in-survey informational experiments

Ciani, ‪Emanuele - 2021

their preferences for redistribution. We provide a meta-analysis combining the results from 84 information treatments coming … broader project on perceptions of inequality and preferences for redistribution ( Does Inequality Matter? How People Perceive … impact on people’s perceptions and concerns about inequality, but a rather small effect on their demand for redistribution …

Persistent link: https://www.econbiz.de/10012801182

The Openness-Equality Trade-Off in Global Redistribution

Weyl, E. Glen - 2016

The Gulf Cooperation Council (GCC) countries accept massive numbers of migrants from poor countries and pay wages that dramatically improve over outside options but are meagre by the standards of natives. As such they do dramatically more per capita to reduce global inequality than do the...

Persistent link: https://www.econbiz.de/10014141591

Property's Effect on Economic Inequality – Property, Piketty, and Capitalism

Forbes, Lucas - 2022

This Article examines property law’s effect on economic inequality, particularly centered on Thomas Piketty’s findings in Capital in the Twenty-First Century. Piketty finds that when the rate of return on capital is greater than economic growth, capital concentrates among the wealthy,...

Persistent link: https://www.econbiz.de/10013296986