SOURCE · [1446] · LINK
Capital in the Twenty-First Century criticized by Larry Summers from larrysummers.com
This source records 1 book criticized by Larry Summers: Capital in the Twenty-First Century.
- Criticized books
- 1 book
- Critics
- 1 person
- Source host
- larrysummers.com
Criticized here
1 BOOKCriticized by Larry Summers
-
Capital in the Twenty-First Century
Capital in the Twenty-First Century
“It presumes, first, that the return to capital diminishes slowly, if at all, as wealth is accumulated and, second, that the returns to wealth are all reinvested. Whatever may have been the case historically, neither of these premises is likely correct as a guide to thinking about the American economy today.”