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Anti-Piketty capital for the 21st century

By: Material type: TextTextPublication details: Washington Cato Institute 2017Description: xxvii, 272p. : ill. ; 21 cmISBN:
  • 9781944424251
Subject(s): DDC classification:
  • 330.12ANT
Summary: Thomas Piketty's book Capital in the Twenty-First Century has enjoyed great success, both among academics and the general public. Its influence on politics also cannot be denied. His book provided something people had waited for ? a new scientific theory about wealth and inequality. However, there were criticism. Anti-Piketty: Capital for the 21st Century collects those essential criticisms from twenty specialists―economists, historians and tax experts―who provide scientific and rigorous arguments against Piketty's central theses. These researchers, who come from many countries and many backgrounds, examine the notions of inequality, growth, wealth and capital that Piketty treated in his book. They show in new ways how inequality did not explode, the rich are not rentiers but rather entrepreneurs who take risks and create millions of jobs, that wealth can not indefinitely grow faster than economic growth, and that radical taxation does not solve problems but aggravates them.
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Book Book UONGOZI Institute Resources Centre - Dodoma 330.12ANT (Browse shelf(Opens below)) Available 004873

Includes bibliographical references and index.

Thomas Piketty's book Capital in the Twenty-First Century has enjoyed great success, both among academics and the general public. Its influence on politics also cannot be denied. His book provided something people had waited for ? a new scientific theory about wealth and inequality. However, there were criticism. Anti-Piketty: Capital for the 21st Century collects those essential criticisms from twenty specialists―economists, historians and tax experts―who provide scientific and rigorous arguments against Piketty's central theses. These researchers, who come from many countries and many backgrounds, examine the notions of inequality, growth, wealth and capital that Piketty treated in his book. They show in new ways how inequality did not explode, the rich are not rentiers but rather entrepreneurs who take risks and create millions of jobs, that wealth can not indefinitely grow faster than economic growth, and that radical taxation does not solve problems but aggravates them.

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