Inequality in the Twenty-First Century

25 Pages Posted: 29 Aug 2014 Last revised: 11 Sep 2014

See all articles by Saul Levmore

Saul Levmore

University of Chicago Law School

Date Written: August 27, 2014

Abstract

This essay is a Review of Piketty's much-reviewed Capital in the Twenty-First Century. It discusses the strengths and weaknesses of Piketty's book, and then turns to discussion public pension plans (generally excluded from piety's data) as well as other publicly supplied goods. In the last Part, Piketty's ideas about wealth, or capital, taxation are considered. The criticism is that public choice considerations are largely ignored, as they are in much of the optimal tax literature. Some ideas for integrating these strands are offered.

Keywords: inequality, wealth taxation, public choice, Piketty, social security

Suggested Citation

Levmore, Saul, Inequality in the Twenty-First Century (August 27, 2014). University of Michigan Law Review (2015 Forthcoming), University of Chicago Coase-Sandor Institute for Law & Economics Research Paper No. 699, Available at SSRN: https://ssrn.com/abstract=2488057

Saul Levmore (Contact Author)

University of Chicago Law School ( email )

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Chicago, IL 60637
United States
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