3 ms·
There's a recent column by the same authors that's basically the executive summary: http://voxeu.org/article/rate-return-everything http://voxeu.org/article/rat
by jsnell 9y ago
There's a recent column by the same authors that's basically the executive summary: http://voxeu.org/article/rate-return-everything http://voxeu.org/article/rate-return-everything
- FabHK 9y agoNice. The right side of graph 4, with the massive drop of r-g during WW1 and WW2, bolsters the argument made I believe by Branko Milanovic eg in Global Inequality, namely that war, by destroying fortunes, works to reduce inequality.