One of the most striking trends of modern times, the concentration of global wealth in hands of the very few, has been popularized by Thomas Piketty in his hugely influential Capital in the Twenty-First Century. Piketty argues that the rate of return on capital consistently exceeds the rate of economic growth. In the absence of […]
Tag Archive | game theory
Piketty’s Puzzle: Globalization, Inequality and Democracy
Posted on November 14, 2015.
Posted in Economics, Global Economy, US, World
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