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  • About "Capital in the Twent...
    Piketty, Thomas

    The American economic review, 05/2015, Letnik: 105, Številka: 5
    Journal Article

    In this article, I present three key facts about income and wealth inequality in the long run emerging from my book Capital in the Twenty-First Century and seek to sharpen and refocus the discussion about those trends. In particular, I clarify the role played by r > g in my analysis of wealth inequality. I also discuss some of the implications for optimal taxation, and the relation between capital-income ratios and capital shares.