||0 of 0 people found the following review helpful.| Answer to Thomas Picketty|By fabitz|While Capital in the 21st Century has raised a lot of eyebrows it has not been put into the proper perspective. Picketty's book makes one interesting claim, that r grows faster then g. In other words the return on capital grows faster then the economy. This is not An important issue in an autocratic feudal society. The peasants have no re||Finalist for the 2014 George R. Terry Book Award, Academy of Management
"In The Gospel of Wealth (1889), Andrew Carnegie urged his prosperous contemporaries to avoid 'hoarding great sums' and to give their 'surplus' wealth away during
Philanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation--and the world--has remained largely unexplored. Why Philanthropy Matters takes an in-depth look at philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment of wealth in other...
[PDF.lb69] Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-Being Rating: 3.77 (739 Votes)
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