Making sense of Piketty’s ‘fundamental laws’ in a Post-Keynesian framework
"Piketty’s main theoretical prediction is that a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post-Keynesian model with an endogenous distribution of wealth between workers and capitalists. The model permits Piketty’s corner solution of...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Leeds
2018
PKES |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19304958124911221309-Making-sense-of-Piketty’s-‘fun.htm |
