Many low-income countries (LICs) continue to slip further behind the rest of the world. Meanwhile,…
Piketty’s Capital in the Twenty-First Century: Criticisms and debates Kang-Kook LEE
The author in this article critically examines the most important criticisms of Piketty and debates about his study in mainstream economics and underscores that Piketty’s argument has limitations and we need to develop a study of inequality that takes the perspectives of political economy into account more seriously.
Piketty_Capital (Download the full text in PDF format)
(This article was originally published in The Journal of Comparative Economic Studies, Vol.11, 2016, pp.151–170)