Fullbrook and Morgan, eds Piketty`s Capital in the Twenty-First Century 9781848901575

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Автор: Fullbrook and Morgan, eds
Название: Piketty`s Capital in the Twenty-First Century
ISBN: 9781848901575
Классификация:

Экономическая теория и философия

ISBN-10: 1848901577
Обложка/Формат: Paperback
Страницы: 286
Вес: 0.44 кг.
Дата издания: 2014
Язык: English
Иллюстрации: Black & white illustrations
Размер: 235 x 154 x 15
Читательская аудитория: General (us: trade)
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Поставляется из: Англии
Описание: Thomas Pikettys book Capital in the 21st Century has already attracted more serious attention than any economics book published in the last seventy-five years. This collection of 17 essays by some of the worlds most prominent economists explores Pikettys book at depth and from various vantage points. Here is what economists around the world are already saying about this book. Marxs Capital is strong on theory but, it detractors allege, weak on data. In a dialectic worthy of Hegel himself, the critics assembled here argue that Pikettys Capital stands opposite to Marxs, as strong on data but weak on theory. This combination--plus its exquisite timing--explains it critical acclaim. The juxtaposition of economic stagnation and obscene inequality in the aftermath of the financial crisis made it impossible for mainstream economists to continue ignoring inequality, let alone applauding it as they have done for so long. Piketty made it possible for them to acknowledge it without abandoning their comforting but false mainstream theories of capitalism. These authors in this volume applaud Piketty for his contribution to empirical knowledge, but reject his views on how this inequality came about. The true Capital for the 21st century is still yet to be written. - Steve Keen, Kingston University, London Neoclassical economics spawned a utopian belief in capitalism with unregulated market forces. Thomas Pikettys empirical analysis has dealt a fatal blow to that belief by highlighting the recent huge redistributions of income and wealth to the ultra-rich. This raises a fundamental question for people around the world: How do we achieve a better world through economic policies? This global collection addresses that question and explores theoretical explanations for Pikettys empirical findings. - Ping Chen, Fudan University and Peking University, China Are the theoretical explanations proposed by Thomas Piketty of the rising inequalities valid? What is the meaning of his first and second laws of capitalism? This book is indispensable for anyone seeking answers to these questions. - Andre Orlean, Ecole des Hautes Etudes en Sciences Sociales, Paris By examining Thomas Pikettys Capital in the Twenty-First Century from different angles, the 18 contributors to this invaluable book add enormously to our understanding of inequality and of policy options for reducing it. They point to the lack of a distinction between rentier income and earned income, to the severe limits of marginal productivity theory that Piketty employs and to the utopian nature of Pikettys only suggested remedy. - Norbert Haering, Economics Editor, Handelsblatt, Germany Pikettys book Capital in the Twentieth Century served the cause of drawing the worlds attention to inequality under capitalism in the long haul, based on a fresh and innovative look at new evidence. This book serves that cause even better by focusing on the inadequacies of Pikettys analysis of the processes and mechanisms leading to that inequality, and, therefore, on what needs to be done to address it. - C. P. Chandrasekhar, Jawaharlal Nehru University, New Delhi Thomas Pikettys Capital in the Twenty-First Century was the publishing sensation of 2104, focussing the worlds attention on the huge and continuing growth in inequality that poses a serious economic, political and social threat to us all. In this important new book, 18 economists from Europe, North America and Asia offer sympathetic but critical appraisals of Pikettys theoretical framework, his empirical analysis and his radical policy proposals. This is not the last word on Piketty - whatever could be? - but it is indispensable reading for everyone who is interested in one of the most important challenges of our time. - John King, La Trobe University, Australia

Piketty`s Capital in the Twenty-First Century, Fullbrook and Morgan, eds