Capital in the 21st century

Quarterly Bulletin 2015 Q1 article
Published on 06 March 2015

By Andrew Haldane and Rachana Shanbhogue of the Bank of England and Professors Orazio Attanasio of University College London, Timothy Besley of the London School of Economics, Peter Lindert of the University of California, Davis, Thomas Piketty of the Paris School of Economics, and Jaume Ventura of Universitat Pompeu Fabra.

On 19 December 2014, the Centre for Economic Policy Research and the Bank of England hosted a discussion forum based around Thomas Piketty’s book, Capital in the twenty-first century, with a number of economists from academia, public sector bodies and private sector institutions. Four speakers presented research on various issues relating to inequality, including: access to education; wealth and taxation policy; and the role of governance and institutions. This article presents each speaker’s key arguments, and includes a summary of the open-floor debate that followed.

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