Log InSign Up
MissionModelBlogFreemium
Thomas Piketty frames economic inequality as a global phenomenon.
Apple Boston

2017-01-11 11:38:00 Wed ET

Thomas Piketty's recent new book *Capital in the Twenty-First Century* frames income and wealth inequality now as a global economic phenomenon.

When capital wealth grows faster than macroeconomic output (r>g), economic inequality arises as a natural result ceteris paribus.

The Top 1% richest investors own more than 25% of total wealth in America with abundant cash dividends, share repurchases, and capital gains, while at the same time the Top 10% richest investors own more than half of total wealth in America.

While income and wealth redistribution causes inadvertent distortions, Piketty proposes global wealth taxation as a policy antidote to the inequality dilemma.

The major lesson highlights the increasingly important focus on passive income that the typical stock market investor accumulates in the form of both dividend yields and capital gains.

 

Back


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
With majority control, House Democrats pass 2 bills to reopen the U.S. government without funding the Trump border wall.
John Fourier

2019-01-12 10:33:00 Saturday ET

With majority control, House Democrats pass 2 bills to reopen the U.S. government without funding the Trump border wall.

With majority control, House Democrats pass 2 bills to reopen the U.S. government without funding the Trump border wall. President Trump makes a surprise Wh

+See More
Public sentiment turns quite a bit against Facebook in light of the public issues around fake news.
Apple Boston

2017-12-03 08:37:00 Sunday ET

Public sentiment turns quite a bit against Facebook in light of the public issues around fake news.

Sean Parker, Napster founder and a former investor in Facebook, has become a "conscientious objector" on Facebook. Parker says Facebook explo

+See More
Warren Buffett points out that American children will be better off than their parents in the next decades.
Dan Rochefort

2018-01-05 07:37:00 Friday ET

Warren Buffett points out that American children will be better off than their parents in the next decades.

Warren Buffett cleverly points out that American children will not only be better off than their parents, but the former will also enjoy higher living stand

+See More
President Trump tweets that he asks the SEC to assess the practical implications of switching to a 6-month corporate disclosure cycle.
John Fourier

2018-08-17 11:45:00 Friday ET

President Trump tweets that he asks the SEC to assess the practical implications of switching to a 6-month corporate disclosure cycle.

In accordance with the extant corporate disclosure rules and requirements, all U.S. public corporations have to report their balance sheets, income statemen

+See More
Yale macro economist Stephen Roach draws 3 major conclusions with respect to the Chinese long-run view of the current tech trade conflict with America.
Joseph Corr

2019-09-05 09:26:00 Thursday ET

Yale macro economist Stephen Roach draws 3 major conclusions with respect to the Chinese long-run view of the current tech trade conflict with America.

Yale macro economist Stephen Roach draws 3 major conclusions with respect to the Chinese long-run view of the current tech trade conflict with America. Firs

+See More
President Trump nominates Jerome Powell to be the new Federal Reserve chairman.
Fiona Sydney

2017-10-03 18:39:00 Tuesday ET

President Trump nominates Jerome Powell to be the new Federal Reserve chairman.

President Trump has nominated Jerome Powell to run the Federal Reserve once Fed Chair Janet Yellen's current term expires in February 2018. Trump's

+See More