id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_eyld4s4wlncknpzfy2xdwikie4	Mary O'Sullivan	Thomas Piketty. Capital in the Twenty-First Century	2015	3	.pdf	application/pdf	2635	118	54	that is of as much potential interest to historians as Thomas Piketty's Capital in the Twenty-First Century. Piketty proposes by way of an answer—that rising inequality is inherent to the dynamics of capitalism—depends for its persuasiveness on the historical analysis he The book also deserves historians' attention for Piketty's admonishment of economists for "their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing Piketty argues that the "lessons of history" reveal capitalism's structural tendency to generate higher time the capital stock takes on "disproportionate importance" relative to economic output and returns to But Piketty provides little help in accounting for how shocks to capital feed into a decline soon realize that � � s/g is not a straightforward accounting identity since Piketty's capital-income ratio is is capital used for?" becomes central, since Piketty considers it crucial for determining the rate of return on	./cache/work_eyld4s4wlncknpzfy2xdwikie4.pdf	./txt/work_eyld4s4wlncknpzfy2xdwikie4.txt