Capital In The Twenty First Century
"Should be read by every scholar, writer, activist..."--Ron Paul, former U.S. Congressman "I love [it.]" A "masterful dissection." "Fantastic!"--Dr. Arthur Laffer If you have read or even heard about Capital in the Twenty-First Century-economist Thomas Piketty's egalitarian treatise-you owe it to yourself to read Hendrickson's powerful critique. Hendrickson combines extensive knowledge, mature wisdom, common sense, and a rare ability to render complex subjects clear and easily understood.
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, `Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns.