Why the Rich Get Richer: Cumulative Advantage, Capital Returns, and the Mechanics of Inequality
Thomas Piketty's r>g thesis, Robert Merton's Matthew effect, Raj Chetty's mobility data, and the Gini coefficient's trajectory explain why wealth...
September 2024
August 2024
Why Inequality Grows: The Economics of Wealth Concentration
Why does inequality grow? Understand Piketty's r > g thesis, the mechanisms of wealth concentration, what the research shows about inequality's...
April 2024
What Is Capitalism: The Economic System That Remade the World
What is capitalism? From Adam Smith and Marx to Piketty and Varieties of Capitalism — a thorough exploration of how capitalism emerged, how it...
July 2022
What Is the Labor Theory of Value: Marx's Core Economic Idea
The labor theory of value is Marx's foundational economic concept. Understand its origins in Ricardo, Marx's development of it, the transformation...