World Economics, Vol. 19 No. 3 July-Sept 2018., 23rd October 2018 Key Points • Piketty claims that capital rises faster than income which assumes that capital and income are independent variables. • The evidence shows they are not and that the ratio of income to...
Introduction This Report, which was published in early September 2018, received much publicity, encouraged by the fact that the Archbishop of Canterbury was shown as a co-author. The Report makes one extremely sound and important recommendation which has been, as far...
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