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Looking at Piketty from the Periphery

Luis Bertola

No 47, Documentos de trabajo from Programa de Historia Económica, FCS, Udelar

Abstract: This working paper discusses Piketty´s already famous book. It remarks some of the strong sides of the book, before critically discussing some aspects. It is argued that Piketty could have benefitted by using other theories of capital, different than the neoclassical one adopted. The note also places Piketty´s limited contribution, as seen in a more comprehensive context, in which international relations and reversal causality between growth and distribution are considered. The notes ends by pointing to the fact that Piketty presents modern development´s main stylized fact in a wrong way, because he is too narrowly focused on the developed regions

Keywords: Desigualdad; periferia; capital (search for similar items in EconPapers)
JEL-codes: N01 N36 B25 F63 O54 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2016-09
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
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