Kapital in the 21st Century
Posted in Economists, History, Macroeconomics, Taxation on Apr 20th, 2014
Readers who are following the adulation of Thomas Picketty’s Capital in the 21st Century do not need much information about the book. One major theme of the book is that if the rate of return on “capital” exceeds the overall rate of return in the entire economy, then it follows that the rich and elderly gain in […]