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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,...
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In The Code of Capital, Katharina Pistor seeks to trace out the ultimate sources of wealth and capital. Her central claim—that wealth and capital are ultimately created by law - is at once more commonsensical and intuitive, on the one hand, and more insightful and provocative, on the other...
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capitalism in mathematical terms. Venkat Venkatasubramanian also compares his theory’s predictions to actual inequality data from …Many in the United States feel that the nation’s current level of economic inequality is unfair and that capitalism is … data. To address inequality, we need to know what the goal is—and for this, we need a quantitative, testable theory of …
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