After Piketty
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Edited by:
Heather Boushey
About this book
Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of economists and other social scientists tackle these questions in dialogue with Piketty, in what is sure to be a much-debated book in its own right.
After Piketty opens with a discussion by Arthur Goldhammer, the book’s translator, of the reasons for Capital’s phenomenal success, followed by the published reviews of Nobel laureates Paul Krugman and Robert Solow. The rest of the book is devoted to newly commissioned essays that interrogate Piketty’s arguments. Suresh Naidu and other contributors ask whether Piketty said enough about power, slavery, and the complex nature of capital. Laura Tyson and Michael Spence consider the impact of technology on inequality. Heather Boushey, Branko Milanovic, and others consider topics ranging from gender to trends in the global South. Emmanuel Saez lays out an agenda for future research on inequality, while a variety of essayists examine the book’s implications for the social sciences more broadly. Piketty replies to these questions in a substantial concluding chapter.
An indispensable interdisciplinary work, After Piketty does not shy away from the seemingly intractable problems that made Capital in the Twenty-First Century so compelling for so many.
Author / Editor information
Heather Boushey is Executive Director and Chief Economist at the Washington Center for Equitable Growth.
J. Bradford DeLong is Professor of Economics at the University of California, Berkeley.
Marshall Steinbaum is Fellow at the Roosevelt Institute, New York.
Topics
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Frontmatter
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Contents
vii -
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Introduction. Capital in the Twenty-First Century, Three Years Later
1 - I. Reception
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1. The Piketty Phenomenon
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2. Thomas Piketty Is Right
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3. Why We’re in a New Gilded Age
60 - II. Conceptions of Capital
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4. What’s Wrong with Capital in the Twenty-First Century’s Model?
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5. A Political Economy Take on W / Y
99 -
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6. The Ubiquitous Nature of Slave Capital
126 -
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7. Human Capital and Wealth before and after Capital in the Twenty-First Century
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8. Exploring the Effects of Technology on Income and Wealth Inequality
170 -
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9. Income Inequality, Wage Determination, and the Fissured Workplace
209 - III. Dimensions of Inequality
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10. Increasing Capital Income Share and Its Effect on Personal Income Inequality
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11. Global Inequality
259 -
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12. The Geographies of Capital in the Twenty- First Century: Inequality, Political Economy, and Space
280 -
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13. The Research Agenda after Capital in the Twenty-First Century
304 -
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14. Macro Models of Wealth Inequality
322 -
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15. A Feminist Interpretation of Patrimonial Capitalism
355 -
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16. What Does Rising Inequality Mean for the Macroeconomy?
384 -
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17. Rising Inequality and Economic Stability
412 - IV. The Political Economy of Capital and Capitalism
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18. Inequality and the Rise of Social Democracy: An Ideological History
439 -
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19. The Legal Constitution of Capitalism
471 -
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20. The Historical Origins of Global Inequality
491 -
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21. Everywhere and Nowhere: Politics in Capital in the Twenty-First Century
512 - V. Piketty Responds
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22. Toward a Reconciliation between Economics and the Social Sciences
543 -
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Notes
567 -
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Acknowledgments
660 -
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Index
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