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This Time it’s Ideological

Bibliographic Data

ID13034830
AuthorsAndrew Leigh (0000-0002-5639-0509, Australian National University, corresponding author)
Year2021
Volume11-1
Pages135-142
Publication date2021-01-01
Open AccessYes
TypeARTICLE
VenueOEconomia (JOURNAL)
Journal identifiersISSN: 2113-5207 • E-ISSN: 2269-8450
PublisherAssociation Œconomia (PUBLISHER • FR)
DOI10.4000/oeconomia.10565
OpenAlexW3172207583
LanguageEN
References cited6

Thomas Piketty isn’t scared to tell a big story. In 2013, he produced Capital in the Twenty-First Century, a 700-page tome about inequality that combined Jane Austen and Honore de Balzac with data from tax returns and national statistics. One idea that captivated many readers was r versus g. When the rate of return on capital (think rental yields and share dividends) exceeds the overall economic growth rate, then inequality rises. When g is bigger than r, inequality falls. The theory didn’t e

Art · Capital (architecture · Classical economics · Dividend · Econometrics · Economic history · Economics · Financial economics · Ideology · Inequality · Labour economics · Mathematical economics · Neoclassical economics · Political science · Renting · Housing, Finance, and Neoliberalism · Law · Mathematics · Political and Economic history of UK and US · Finance

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Highly citedNo
Open DOIOpen Access
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