Tag Archives for Adam Smith

Piketty’s Model of Inequality and Growth in Historical Context, Pt 1

In Thomas Piketty’s doomsday model, slowing of growth in the twenty-first century will cause an inexorable increase in inequality. Piketty is not the first to propose a grand model of inequality and growth. To get some perspective on his model, … Continue reading

by Polly Cleveland | July 15, 2014
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