Understanding Piketty, part 3
…points), it is built on an increase of capital as a percentage of national income, of inherited wealth, that will cause capital income to explode in the near future. In…
…points), it is built on an increase of capital as a percentage of national income, of inherited wealth, that will cause capital income to explode in the near future. In…
…after the jump OK always following Krugman, I assume that capital is paid it’s marginal product. If there were no tax on capital income, then new foreign investment of deltaK…
…side and not the 23% side (natural 5% and produced capital 18%). That is 3.4 human capital to 1 natural/produced capital. That means education (all forms and subjects), support for…
by Joseph Joyce The True Owners of Foreign Capital Explaining the sources and destinations of capital flows is a key focus of research in international finance. But capital flows between…
…D_t and the capital K_t from the old. The old get capital income and also sell their bonds and capital to the young. They consume all of that so C_t^o…
…befuddle the message. Capital doesn’t receive income; the owners of capital do. If I had my way, capital would always mean long-lived, real-world stuff that humans produced. It’s a pretty…
…capital inflows — that is, inflows of funds from residents of other nations who are investing in your country – have led in some cases to persistent trade deficits. This…
…to undergo bankruptcy reorganization rather than be forced to liquidate, because there was private-equity funding available for that purpose. Solamere Capital and its Rolodex of potential investors were available to…
…competition (preferred if possible) or through taxation and redistribution. Following are the tax rates on Capital v. Labor: Labor Tax Bracket Capital Gains, Short Term Capital Gains, Long Term 10%…
…if the short-term “profit” was a good long-term strategy: Some large U.S. banks would have stronger capital bases to better deal with today’s market stresses had regulators not relaxed bailout…