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Piketty’s contribution

In: Aggregate Demand, Inequality and Instability

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Abstract

This chapter analyses Piketty’s contribution. It is not a review of his famous book, but it rather underlines the analytical foundations of his contribution, along with his weaknesses: a supply-oriented model where there is no distinction between wealth and capital and no feedback between inequality and the economic system. His inequality r > g is also discussed.

Suggested Citation

  • ., 2016. "Piketty’s contribution," Chapters, in: Aggregate Demand, Inequality and Instability, chapter 2, pages 13-24, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17444_2
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    Cited by:

    1. Rategh, Yalda & Tamannaei, Mohammad & Zarei, Hamid, 2022. "A game-theoretic approach to an oligopolistic transportation market: Coopetition between incumbent systems subject to the entrance threat of an HSR service," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 144-171.

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    Keywords

    Economics and Finance;

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