Re:More than half of all private wealth has been inherited i...
by rajnathani on Tuesday December 19, 2017 @11:01PM
(#15966939)
It’s clearly the case for since the 70s as well.
In an interview, Nobel prize-winning economist Joseph Stiglitz (who served under Bill Clinton) criticized Piketty [0] of overemphasizing the increase in concentration of wealth, and this was on the basis that the current increase in wealth stems from an increase in land value.
In an interview, Nobel prize-winning economist Joseph Stiglitz (who served under Bill Clinton) criticized Piketty [0] of overemphasizing the increase in concentration of wealth, and this was on the basis that the current increase in wealth stems from an increase in land value.
[0] https://www.salon.com/2015/01/02/joseph_stiglitz_thomas_pike...