After Piketty : the agenda for economics and inequality

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Title:

Author:

Boushey, Heather, 1970- editor.

ISBN:

9780674504776

Physical Description:

viii, 678 pages : illustrations ; 25 cm

Contents:

Capital in the twenty-first century, three years later / The Piketty phenomenon / Thomas Piketty is right / Why we're in a new Gilded Age / What's wrong with Capital in the Twenty-First Century's model? / A political economy take on W/Y / The ubiquitous nature of slave capital / Human capital and wealth before and after Capital in the Twenty-First Century / Exploring the effects of technology on income and wealth inequality / Income inequality, wage determination, and the fissured workplace / Increasing capital income share and its effect personal income inequality / Global inequality / The geographies of Capital in the Twenty-first Century: inequality, political economy, and space / The research agenda after Capital in the Twenty-First Century / Macro models of wealth inequality / A feminist interpretation of patrimonial capitalism / What does rising inequality mean for the macroeconomy? / Rising inequality and economic stability / Inequality and the rise of social democracy: an ideological history / The legal constitution of capitalism / The historical origins of global inequality / Everywhere and nowhere: politics in Capital in the Twenty-First Century / Toward a reconciliation between economics and the social sciences

Abstract:

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, Piketty's translator into English, of the reasons for Capital's phenomenal success, followed by the published reviews of Nobel laureates Robert Solow and Paul Krugman. 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.

Personal Subject:

Piketty, Thomas, 1971- Capital au XXIe siècle.

Subject Term:

Capital -- Social aspects.

Equality -- Economic aspects.

Wealth.

Added Author:

Boushey, Heather, 1970-

DeLong, J. Bradford, 1960-

Steinbaum, Marshall,

Holds:

Available:

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Summary

A Foreign Affairs Best Book of the Year

"An intellectual excursion of a kind rarely offered by modern economics."
- Foreign Affairs

Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists-including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence-tackle these questions in dialogue with Piketty.

"A fantastic introduction to Piketty's main argument in Capital , and to some of the main criticisms, including doubt that his key equation showing that returns on capital grow faster than the economy-will hold true in the long run."
- Nature

"Piketty's work laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge."
-Justin Wolfers, University of Michigan

J. Bradford DeLong and Heather Boushey and Marshall SteinbaumArthur GoldhammerRobert M. SolowPaul KrugmanDevesh RavalSuresh NaiduDaina Ramey BerryEric R. NielsenLaura Tyson and Michael SpenceDavid WeilBranko MilanovicChristoph LaknerGareth A. JonesEmmanuel SaezMariacristina De Nardi and Giulio Fella and nd Fang YangHeather BousheyMark ZandiSaluatore MorelliMarshall I. SteinbaumDavid Singh GrewalEllora DerenoncourtElisabeth JacobsThomas Piketty

Introduction	p. 1
Capital in the Twenty-First Century, Three Years Later	p. 1
I Reception
1 The Piketty Phenomenon	p. 27
2 Thomas Piketty Is Right	p. 48
3 Why We're in a New Gilded Age	p. 60
II Conceptions of Capital
4 What's Wrong with Capital in the Twenty-First Century's, Model?	p. 75
5 A Political Economy Take on W / Y	p. 99
6 The Ubiquitous Nature of Slave Capital	p. 126
7 Human Capital and Wealth before and after Capital in the Twenty-First Century	p. 150
8 Exploring the Effects of Technology on Income and Wealth Inequality	p. 170
9 Income Inequality, Wage Determination, and the Fissured Workplace	p. 209
III Dimensions of Inequality
10 Increasing Capital Income Share and Its Effect on Personal Income Inequality	p. 235
11 Global Inequality	p. 259
12 The Geographies of Capital in the Twenty-First Century: Inequality, Political Economy, and Space	p. 280
13 The Research Agenda after Capital in the Twenty-First Century	p. 304
14 Macro Models of Wealth Inequality	p. 322
13 A Feminist Interpretation of Patrimonial Capitalism	p. 355
16 What Does Rising Inequality Mean for the Macroeconomy?	p. 384
17 Rising Inequality and Economic Stability	p. 412
IV The Political Economy of Capital and Capitalism
18 Inequality and the Rise of Social Democracy: An Ideological History	p. 439
19 The Legal Constitution of Capitalism	p. 471
20 The Historical Origins of Global Inequality	p. 491
21 Everywhere and Nowhere: Politics in Capital in the Twenty-First Century	p. 512
V Piketty Responds
22 Toward a Reconciliation between Economics and the Social Sciences	p. 543
Notes	p. 567
Acknowledgments	p. 660
Index	p. 661

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