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w23-24: Wealth, national income and inequality /2547

week 23 – Piketty on wealth inequality – lecture handout [pdf]

week 24 – Piketty on income inequality – lecture handout [pdf]

Primary reading

Foster, JB and Yates, M (2014), Piketty and the Crisis of Neoclassical Economics, Monthly Review, v66 i6, Nov

Piketty, T and Saez, E (2013), Top Incomes and the Great Recession: Recent Evolutions and Policy ImplicationsIMF Economic Review, Vol. 61 No. 3, pp456-478

Piketty, T and Zucman, G (2014), Capital is back: Wealth-income ratios in rich countries 1700-2010, Quarterly Journal of Economics, v18 June pp1255–1310

Wade, RH (2014), The Piketty phenomenon and the future of inequality, Real-World Economics Review, no. 69, pp2-17

Supporting material

Doctorow, C (2014), Thomas Piketty’s Capital in the 21st Century, BoingBoing, June 24th

The Economist (2014), Breaking the camel’s back, The Economist, Oct 14th

Lurie, J (2015), If You Own a Pitchfork, You Will Grab It When You See This Chart, Mother Jones, Mar 16th

Moatsas, M and Baten, J (2014), income inequality since 1820, in van Zanden, JL et al, How Was Life? Global well-being since 1820, OECD, pp199-215

Piketty, T (2014), Capital in the Twenty-First Century, Cambridge, Mass: Belknap Press of Harvard University Press

Watch >> Piketty, T (2014), New thoughts on capital in the twenty-first century, TED Salon Berlin, June

Explore the data [see w23/24 lab] >> World Wealth and Incomes Database

Real-World Economics Review (2014), Special issue on Piketty’s Capital, i69, Oct 7th

Solow, R (2014), Thomas Piketty Is Right, New Republic, April

Wilkinson, RG and Pickett, K (2009), The Spirit Level: Why More Equal Societies Almost Always Do Better, London: Allen Lane