![]() ![]() ![]() He uses considerable literary references to illustrate earlier era’s attitudes towards wealth. The book is aimed at non-economists, and he explains the various concepts used. The first three parts create an analytical framework and analyse the data on inequality, the final part presents Piketty’s preferred policy responses. There is a focus on France and the United States, since there is a long history of data as the result of estate and income taxes. The scope of the book is large: he looks at the trends in wealth over centuries for some countries, and also includes broad international comparisons. Regulating Capital In The Twenty-First Century. ![]() The Dynamics of the Capital/Income Ratio.The book is lengthy, weighing in at 696 pages, and was translated from French by Arthur Goldhammer. However the explanation of why inequality has risen, and his proposed solutions for inequality are less convincing as a result of the simplifications made. The book offers considerable data about the evolution of inequality. However, the process of eliminating technical details makes the analysis less satisfying. I believe that the book is interesting, and is aimed at reaching a wide audience. The book “ Capital In The Twenty-First Century” by the Parisian academic Thomas Piketty (published in English March 10, 2014) has already made considerable waves, reigniting the debate around income and wealth inequality. ![]()
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