by Summary:
Thomas Piketty’s Capital has rightly focused attention on economic inequality, but his explanation of why it occurs is not compelling. I explain the simple “network” effect behind inequality in phenomena from earthquakes to income and then outline work by myself, Matheus Grasselli and Gael Giraud that argues that rising inequality is a sign of impending ...
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Steve Keen considers the following as important:
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Thomas Piketty’s Capital has rightly focused attention on economic inequality, but his explanation of why it occurs is not compelling. I explain the simple “network” effect behind inequality in phenomena from earthquakes to income and then outline work by myself, Matheus Grasselli and Gael Giraud that argues that rising inequality is a sign of impending ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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