Notes

192 pages
Contents: Has capital in the twenty-first century changed anything? / Geoff Bertram -- Piketty's book is the real article / Simon Chapple -- Why the fuss? / Donal Curtin -- How economists might view the Piketty thesis / Brian Easton -- The promise of a new politics and a new economics / Max Harris -- Pickings from Piketty / Tim Hazledine -- What Piketty means for us / Bernard Hickey -- Unplugging the machine / Prue Hyman -- Illuminating inequality / Hautahi Kingi -- Why we need to shift to capital taxes / Gareth Morgan -- What is the Piketty model, and does it fit New Zealand? / Matt Nolan -- Bringing wealth into the spotlight / Max Rashbrooke -- Recalibrating New Zealand / Susan St. John -- The future of inequality / Robert H. Wade -- Capital connections for education / Cathy Wylie
Summary: Piketty's assessment that inherited wealth will always grow faster, on average, than earned wealth has energised debate. The book is widely acknowledged as having significant economic and political implications. Collected in this book are responses to this phenomenon from a diverse range of New Zealand economists and commentators. These voices speak independently to the relevance of Piketty's conclusions. Is New Zealand faced with a one-way future of rising inequality? Does redistribution need to focus more on wealth, rather than just income? Was the post-war Great Convergence merely an aberration and is our society doomed to regress into a new Gilded Age?
BWB texts