tag:blogger.com,1999:blog-5043138489010794057.post3483539205680237867..comments2024-03-27T15:57:09.192+05:30Comments on Urbanomics: Inequality and returns to capital Urbanomicshttp://www.blogger.com/profile/16956198290294771298noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5043138489010794057.post-76301224360081232292014-03-24T15:56:29.541+05:302014-03-24T15:56:29.541+05:30I had a few posts on Piketty in the last couple of...I had a few posts on Piketty in the last couple of months. This post has link to the pdf file of what I wrote<br />http://gaddeswarup.blogspot.com.au/2014/03/krugman-on-piketty.htmlgaddeswaruphttps://www.blogger.com/profile/16509075029154476375noreply@blogger.comtag:blogger.com,1999:blog-5043138489010794057.post-73172780784370107152014-03-24T15:42:59.903+05:302014-03-24T15:42:59.903+05:30"...as the rate of return from capital is mor..."...as the rate of return from capital is more than the rate of economic growth, concentration of wealth follows." This seems to be just a consequence of the definitions. Solow model is used to see the dynamics, I think. I have written a bit about this in my blog, you can perhaps tell me whether I misunderstood the definitions.gaddeswaruphttps://www.blogger.com/profile/16509075029154476375noreply@blogger.com