Introduction 1 Freedom's Just Another Word  2 The Construction of Consent 3 The Neoliberal State 4 Uneven Geographical Developments 5 Neoliberalism with 'Chinese Characteristics' 6 Neoliberalism on Trial 7 Freedom's Prospect Notes Bibliography Index

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A Brief History of Neoliberalism

In this article, I present three key facts about income and wealth inequality in the long run emerging from my book, Capital in the Twenty-First Century, and seek to sharpen and refocus the discussion about those trends. In particular, I clarify the role played by r > g in my analysis of wealth inequality. I also discuss some of the implications for optimal taxation, and the relation between capital-income ratios and capital shares.

About Capital in the Twenty-First Century

A New York Times #1 Bestseller An Amazon #1 Bestseller A Wall Street Journal #1 Bestseller A USA Today Bestseller A Sunday Times Bestseller Winner of the Financial Times and McKinsey Business Book of the Year Award Winner of the British Academy Medal Finalist, National Book Critics Circle Award "It seems safe to say that Capital in the Twenty-First Century, the magnum opus of the French economist Thomas Piketty, will be the most important economics book of the year-and maybe of the decade." -Paul Krugman, New York Times "The book aims to revolutionize the way people think about the economic history of the past two centuries. It may well manage the feat." -The Economist "Piketty's Capital in the Twenty-First Century is an intellectual tour de force, a triumph of economic history over the theoretical, mathematical modeling that has come to dominate the economics profession in recent years." -Steven Pearlstein, Washington Post "Piketty has written an extraordinarily important book...In its scale and sweep it brings us back to the founders of political economy." -Martin Wolf, Financial Times "A sweeping account of rising inequality...Piketty has written a book that nobody interested in a defining issue of our era can afford to ignore." -John Cassidy, New Yorker "Stands a fair chance of becoming the most influential work of economics yet published in our young century. It is the most important study of inequality in over fifty years." -Timothy Shenk, The Nation

/pdf/capital-in-the-twenty-first-century-3ozrldwi71.pdf

Capital in the Twenty-First Century

This paper develops a dynamic general equilibrium model that is intended to help clarify the role of credit market frictions in business fluctuations, from both a qualitative and a quantitative standpoint. The model is a synthesis of the leading approaches in the literature. In particular, the framework exhibits a financial accelerator,' in that endogenous developments in credit markets work to amplify and propagate shocks to the macroeconomy. In addition, we add several features to the model that are designed to enhance the empirical relevance. First, we incorporate money and price stickiness, which allows us to study how credit market frictions may influence the transmission of monetary policy. In addition, we allow for lags in investment which enables the model to generate both hump-shaped output dynamics and a lead-lag relation between asset prices and investment, as is consistent with the data. Finally, we allow for heterogeneity among firms to capture the fact that borrowers have differential access to capital markets. Under reasonable parametrizations of the model, the financial accelerator has a significant influence on business cycle dynamics.

https://papers.ssrn.com/sol3/Delivery.cfm/nber_W6455.pdf?abstractid=226200&mirid=1

The Financial Accelerator in a Quantitative Business Cycle Framework

2 1 The innovative transport systems and the CityMobil project 10 1.1 The research questions 10 2 The state of art in the field of automatic transport systems 12 2.1 Case studies and demand studies for innovative transport systems 12 3 The design and implementation of surveys 14 3.1 Definition of experimental design 14 3.2 Questionnaire design and delivery 16 3.3 First analyses on the collected sample 18 4 Calibration of Logit Multionomial demand models 21 4.1 Methodology 21 4.2 Calibration of the “full” model. 22 4.3 Calibration of the “final” model 24 4.4 The demand analysis through the final Multinomial Logit model 25 5 The analysis of interaction between the demand and socioeconomic attributes 31 5.1 Methodology 31 5.2 Application of Mixed Logit models to the demand 31 5.3 Analysis of the interactions between demand and socioeconomic attributes through Mixed Logit models 32 5.4 Mixed Logit model and interaction between age and the demand for the CTS 38 5.5 Demand analysis with Mixed Logit model 39 6 Final analyses and conclusions 45 6.1 Comparison between the results of the analyses 45 6.2 Conclusions 48 6.3 Answers to the research questions and future developments 52

The European commission

: In his most recent books, Piketty offers a global history of inequality in its economic, social, political, and intellectual dimensions, arguing that history is moved by the struggle of ideologies. To take part in this battle of ideas, he conceives a new ideal model of society, ‘ participative socialism ’ , as an egalitarian alternative to the dominant neoproprietarian ideology and to the dangerous resurgence of nationalism and populism. This paper provides a new interpretation of Piketty’s view of history and of his participatory socialism in light of Paul Ricoeur’s study of the dialectics of ideology and utopia. First , I present Ricoeur’s singular analysis of ideology and utopia, which he sees as two inseparable facets of social imagination. Then I show how Ricoeur’s concepts can be fruitfully applied to Piketty’s conception of history and to his conception of a new form of socialism for the 21 st century, drawing lessons from history and forming a ‘ good ’ or ‘ realist ’ utopia. Finally, I demonstrate that this interpretation of Piketty’s socialism can help to better understand some of the criticisms he has received.

Ideologies and Utopia: A Ricoeurian Reading of Thomas Piketty

Réponse de Camille Landais, Thomas Piketty et Emmanuel Saez

Anthony (‘Tony’) Atkinson occupies a unique place among economists. During the past half-century, in defiance of prevailing trends, he placed the question of inequality at the centre of his work while demonstrating that economics is first and foremost a social and moral science. Tony published his first book in 1969. Between 1969 and 2016, he wrote over 40 books and more than 350 scholarly articles. They have brought about a transformation in the broader field of international studies of inequality, poverty and the distribution of income and wealth. Since the 1970s, he has also written major theoretical papers, devoted in particular to the theory of optimal taxation. Atkinson was always interested in practical issues of public policy and social justice, and understood that marrying theoretical analysis with a careful look at the actual data was the most powerful way to make progress. Atkinson’s most important and profound work has to do with the historical and empirical analysis of inequality, carried out within a theoretical frame, deployed with impeccable mastery and utilised with caution and moderation. With his distinctive approach, at once historical, empirical, and theoretical; with his extreme rigour and his unquestioned probity; with his ethical reconciliation of his roles as researcher in the social sciences and citizen of, respectively, the United Kingdom, Europe, and the world, Atkinson was for decades a model for generations of students and young researchers. Together with Simon Kuznets, Atkinson single-handedly originated a new discipline within the social sciences and political economy: the study of historical trends in the distribution of income and wealth. Of course, the question of distribution and long-term trends already lay at the heart of 19th-century political economy, particularly the work of Thomas Malthus, David Ricardo, and Karl Marx. But these writers could draw only upon limited data, and were frequently obliged to restrict themselves to purely theoretical speculation.

https://journals.sagepub.com/doi/pdf/10.1177/1035304618756833

Tony Atkinson: The birth and development of modern inequality studies:

Thomas Piketty, "Capital and Ideology."

Dans cette conférence inédite, Thomas Piketty présente une synthèse de ses recherches historiques et comparatives sur les inégalités. Abordant des thèmes aussi variés que l’éducation, l’héritage, la crise climatique, la taxation des richesses ou les inégalités de genre, il bat en brèche l’idée qu’il pourrait exister des inégalités naturelles et montre que la marche vers l’égalité se construit toujours par des luttes politique et sociales. 

Thomas Piketty

Papers

Ideologies and Utopia: A Ricoeurian Reading of Thomas Piketty

Réponse de Camille Landais, Thomas Piketty et Emmanuel Saez

Tony Atkinson: The birth and development of modern inequality studies:

Thomas Piketty, "Capital and Ideology."

Nature, culture et inégalités