Friday, December 20, 2019
Capital Analysis Capital And Income Inequality Essay
As a Economics book, The book Capital in the Twenty-First Century is written for all Economics scholars and Econ major students all over the world. Since the book is mainly talking about the wealth and income inequality in the United States and Europe since the 18th century, it is a great reference for scholars who is writing papers about wealth distribution and income inequality. In addition, since the book was announced to be made into a documentary movie, it will be an original reference for those who are interested in the movie. Thomas Piketty is Professor of Economics at the Paris School of Economics. He published many articles in many most famous Economics magazines such as Quarterly Journal of Economics, the Journal of Political Economy, the American Economic Review and the Review of Economic Studies. He is specialized in the wealth inequality, and he has done a lot of historical and theoretical work on the interplay between economic development and the distribution of income and wealth. Based on historical and statistical methods, his work shows the rate of capital accumulation in relation to economic growth. Some of his major works are Wealth and Inheritance in the Long Run, Should We Make the Richest Pay to Meet Fiscal Adjustment Needs?, Top Incomes Over the Twentieth Century : A Summary of Main Findings [chap. 1]. His most recent work is World Wealth and Income Database (WID) (F. Alvaredo, T. Atkinson, T. Piketty, E. Saez, G. Zucman, 2011-2016). His mostShow MoreRelatedSources Of Economic Growth And Social Justice Essay1402 Words à |à 6 PagesEconomic Growth and Social-Justice Egyptian per-capita income has been significantly improved in the second half of the first decade of 21st century, as it recorded, in average, $1984 (standard deviation $167), compared to $1312 (standard deviation $597), in average, during the first half of the decade. Figure (1) illustrates the development of per-capita income through the first decade of 21th century and it shows that per-capita income growth rates were, in most, negative during the first halfRead MoreInvestment In Education Summary730 Words à |à 3 PagesSummary of literature and analysis. An investment in education returns an increase in the level, quantity, and quality of human capital. Human Capital is the skills, knowledge, attributes, abilities, and experience possessed by a region or individual. 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