Antinomies of Capital in the 21st Century

Estrada, Fernando (2014): Antinomies of Capital in the 21st Century.

Abstract

Thomas Piketty's "Capital in the 21st century" has been the most important book economy in recent times. Its aim integrates the debate theories of growth, income distribution, inequality and differences between the extremes income and income of the majority. The work predicts a slow increase in the share of capital income and inequality. His proposal for a global tax on capital is a way to evaluate such tendencies.

• Item Type: MPRA Paper
• Language: English
• Keywords: Piketty, Capital, Distribution, Wealth, Fairness
• Subjects: D - Microeconomics > D0 - General > D00 - General; D - Microeconomics > D3 - Distribution; D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions; D - Microeconomics > D3 - Distribution > D33 - Factor Income Distribution; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E25 - Aggregate Factor Income Distribution

References

Thomas Piketty, El capital en el siglo XXI, Fondo de Cultura Económica, México, 2014, 663 pp.

Thomas Piketty, Emmanuel Saez, “Inequality in the long run”, Science, Vol 344 Issue 6186, 2014