Special Issue Call for Papers
Special Issue of the Journal of Income Distribution on the Economics of Piketty
Abstract Submission Deadline: September 6th, 2024
Submission Deadline: October 31st, 2024
The Journal of Income Distribution is mounting a Special Issue on the impact of Piketty’s contributions to economic inequality, wealth concentration, and the relationship of capital accumulation and growth. The publication of Piketty’s Capital in the 21st Century (2013/2014) followed by his Capital and Ideology (2019) instantly generated enormous attention and controversy. Piketty’s main thesis that persistent economic inequality is the outcome of growing capital accumulation has encountered acquiescence but also criticism, from both main-stream and orthodox economists. Various objections have been raised; the particular data and their measurement, on which his thesis relies, were questioned, his definition of capital was challenged, and the conclusions he draws from his theory were deemed inconsistent. His proposed tax transfers as the solution to alleviate income disparity have been most provocative. The pros and cons of Piketty’s contributions to economics have thus generated passionate debate.
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