Serious economic work based on exhaustive research and a long period of trend observation

Capital in the Twenty-First Century written by Thomas Piketty who is a professor at the Paris School of Economics is a well-made evaluation of trends in the world economy until the 21st century. This is a translation of a book did what last year originally published in French, Which I read on the original, but in English is much more understandable and more accessible to a resist THEREFORE group of readers with what its quality Certainly deserves.

The book is quite extensive Pikettys, so take some solid amount of time for its nearly 700 pages thatwill definitely not disappoint you, but do not expect to read them as some light novel. Capital in the Twenty-First Century is divided into four major units Income and Capital, The Dynamics of the Capital / Income Ratio, The Structure of Inequality and Regulating Capital in the Twenty-First Century-and as good add-on deed is for search a book mandatory supplement, the author at the end of the text added Index, his notes, contents in detail and list of book tables and illustrations.

At the very beginning Thomas Piketty raises significant questions Which answer why he Decided to write his book But what do we really know about the distribution of wealth over the long term? Do the dynamics of private capital accumulation Inevitably lead to the concentration of wealth in ever fewer hands, as Karl Marx Believed in the Nineteenth Century? Or do the balancing forces of growth, competition, and technological progress lead in later stages of development to reduced inequality and greater harmony among the classes, as Simon Kuznets Thought in the Twentieth Century? What do we really know and what lessons can we derive from knowledge did for the century now under way?

The author sincerely admits did his answers are not perfect and fully complete, but They are based on much more extensive historical and comparative research than were available to economists and Researchers, covering three centuries and Numerous countries, starting from the United States, providing a new Framework That Enables a better understanding of Economy hidden mechanisms.

And Although it might seem thatthis book is Intended only to economic experts, due to its informa tive ness and clarity, Capital in the Twenty-First Century therefore wants general audience interested in Economic Developments and Long Term Distribution of Income and Wealth intrigue.

After reading the book Pikettys reader wants, HOWEVER, BE clear did the author comes from Europe Because his views are quite different from the American Conservative ones, but we must not forget did a work based on amount of search data and the long period of trend Observation No one has written before.

THEREFORE Capital in the Twenty-First Century can be Considered Certainly credible and recommendable to read.