How Higher Taxes Can Fight Inequality While Promoting Growth
Two new books on economic history and theory suggest the limits of the Austrian school—and the vital importance of progressive taxation.
Browsing Tag
Thomas Piketty
6 posts
A New Theory on San Francisco’s Inequality Problem
A graduate student is giving French economist Thomas Piketty a run for his money while re-imagining the worst culprit of inequality.
The California Chasm: Inequality in One of the Most Unequal States in the Country
California is the home to more super rich than anywhere else in the country—and it also exhibits the highest poverty rate in the nation.
The Not-So-Surprising Way Your Parents’ Income Predicts Yours
Just as you suspected, there’s a reason inequality is structural and self-perpetuating. But you might be shocked by just how few of the most well-off individuals are able to out-earn the generation before them. It isn’t the one percent we should be focusing on, but the 0.1 percent.
Why Income Inequality Will Likely Keep Getting Worse
Embracing a system based on maximizing the returns to private owners of capital is a mistake for the great majority of working people.
The Dead Are Wealthier Than the Living: Capital in the 21st Century
Patrimonial capitalism—and the landed or urban gentry living off of inherited wealth—was dealt a mortal blow by the Great Depression and World Wars. But it's making a comeback, and the only way to stop it might be a worldwide tax on capital.