The Economics of Inequality

Cover Title Copyright Contents Note to the Reader Introduction Different Types of Income Wage Inequality International Comparisons Income Inequality International Comparisons Inequalities in Time and Space The Historical Evolution of Inequality From Laws of History to Uncertainties From Wages to Incomes Inequality with Respect to Employment Chapter 2. Capital-Labor Inequality The Question of Capital/Labor Substitution A Compromise between Short-Term and Long-Term Theories? The Dynamics of the Distribution of Capital The Theory of Perfect Credit and Convergence The Problem of Capital Market Imperfections Inequality of Wages and Human Capital The Explanatory Power of the Theory of Human Capital How to Redistribute Labor Income Where Does Human Capital Inequality Come From? The Social Determination of Wage Inequality The Role of Unions in Setting Wages The Monopsony Power of Employers Efficiency Wages and Fair Wages Average and Marginal Rates of Redistribution Just Fiscal Redistribution Efficient Redistribution Redistribution and Social Insurance Redistribution and Demand Abbreviations Contents in Detail Index

Thomas Piketty, geboren 1971, ist Professor an der Pariser École d'economie. 2013 erhielt er den Yrjö Jahnsson Preis der European Economic Association.

In a work that is aligned with but antecedent to his grand synthesis, Capital in the Twenty-First Century, French economist Piketty examines the structural causes of inequality... A discussion worth having and a book worth reading.
-- Kirkus Reviews
Piketty's The Economics of Inequality is an excellent book and a great companion to Capital. This book is a remarkable mix of extensive data, attention to theory, and concern for policy.
-- Axel Gosseries, Fund for Scientific Research (FRS-FNRS) and University of Louvain (UCL)
If Piketty is right, inequality is increasing and cannot be cured by the free market; we must understand the problem to understand how to address it. This should be required reading for every concerned citizen.
-- Publishers Weekly
Even a brief guide to basic concepts in Piketty's field of study can remind you, at every turn, that something profound is going on within the global economic system. The data, especially the data from recent decades, does not conceal the tale...Avarice and plunder play no part in the language of economics, but they too are causes and consequences of the phenomena Piketty describes. In some respects, his work is an assault on the kind of cult thinking that these days passes for economic and political analysis.
-- Ian Bell Glasgow Herald
Piketty's The Economics of Inequality, which acts as a primer, provides a useful starting point for a wide audience.
-- Tom Healy Irish Times
Translated into English for the first time, it offers an exceptionally clear, cogent, and coherent discussion of economic inequality.
-- Richard N. Cooper Foreign Affairs