. The government provides high enough incomes to state workers in order to gain their support. It also controls capital … private sector. These policies initially generate rapid growth accompanied by declining labor and capital market frictions but …

other allocators of capital, selection of managers who would provide excess return, is a key component of how they seek to … successful managers grow, their performance diminishes, creating the need for capital allocators to “do it over again”. We …

external finance, facilitating the formation of new establishments, and improving the efficiency of capital allocation across … overall financial development boost industry growth, new establishment formation, and efficient capital allocation, having a …

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 …