Row 682
Content Data
This page contains data entry 682 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
Capital output ratio and inequality are equivalent in this case, because they reflect the division of output between labour ('the masses') and capital (owned by a rich 'elite'). This is how Piketty relates capital output ratios to inequality.
I ***never*** said his model is bad (it is, but that's a story for another day). I argued the representation K/Y = s'/(g+s'δ) is preferable to K/(Y-δK) = s'/g - these are two different representations of the same equation.
| Field | Value |
|---|---|
| text | Capital output ratio and inequality are equivalent in this case, because they reflect the division of output between labour ('the masses') and capital (owned by a rich 'elite'). This is how Piketty relates capital output ratios to inequality. I ***never*** said his model is bad (it is, but that's a story for another day). I argued the representation K/Y = s'/(g+s'δ) is preferable to K/(Y-δK) = s'/g - these are two different representations of the same equation. |
| label | r/econpapers |
| dataType | comment |
| communityName | r/EconPapers |
| datetime | 2021-07-30 |
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Raw Record
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"text": "Capital output ratio and inequality are equivalent in this case, because they reflect the division of output between labour ('the masses') and capital (owned by a rich 'elite'). This is how Piketty relates capital output ratios to inequality.\n\nI ***never*** said his model is bad (it is, but that's a story for another day). I argued the representation K/Y = s'/(g+s'δ) is preferable to K/(Y-δK) = s'/g - these are two different representations of the same equation.",
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"datetime": "2021-07-30",
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}
Entry Information
- Entry ID: 682
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000