Tag Archives for Thomas Piketty

Piketty’s Model of Inequality and Growth in Historical Context, Pt 2

Part II: The Neoclassical Response to the Classical Theories of Inequality and Growth Mason Gaffney has shown how many individuals helped construct neoclassical economics, often with financial support from the robber barons and their successors. I will focus on two: … Continue reading

by Polly Cleveland | July 23, 2014
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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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