GILDED AGE PAUL KRUGMAN THE NEW YORK REVIEW OF BOOKS WELCOME SIGN FACEBOOK TWITTER ADVANCED SEARCH START PRINT SUBSCRIPTION PREMIUM GIVE GIFT RENEW ONLINE EDITION DIGITAL EDITIONS CUSTOMER SERVICE SUBSCRIBER ALERT CURRENT ISSUE DAILY CALENDAR ARCHIVE CLASSIFIEDS SHOP ILLUSTRATIONS NEWSLETTERS BOOKS EMAIL SHARE SEND TWEET CAPITAL THOMAS PIKETTY TRANSLATED FRENCH ARTHUR GOLDHAMMER BELKNAP PRESS UNIVERSITY EMMANUELLE PIKETTY OFFICE PARIS SCHOOL OF ECONOMICS PROFESSOR HOUSEHOLD CHANGE PUBLICATION SWEEPING MEDITATION INFLUENCE RUNS WE ARE LIVING LIKES BELLE POQUE INCREDIBLE RISE THANKS TO COLLEAGUES ANTHONY ATKINSON EMMANUEL SAEZ AT BERKELEY STATISTICAL TECHNIQUES MAKE IT POSSIBLE TRACK CONCENTRATION INCOME WEALTH DEEP THE EARLY TWENTIETH CENTURY FOR AMERICA ALL THE WAY EIGHTEENTH CENTURY REVOLUTION UNDERSTANDING TRENDS THIS REVOLUTION DISCUSSIONS ECONOMIC DISPARITY MORE OR LESS MENTION TRIED SHOUT DOWN INEQUALITY AT ALL HARMFUL SOUND SEDUCTIVE IN MY OPINION FOCUS QUESTIONS ROBERT LUCAS JR THE UNIVERSITY OF CHICAGO MACROECONOMIST DISCUSS GENERALLY FOCUSED THE GAP THE POOR THE WORKING CLASS TRULY COLLEGE GRADUATES WHOSE WAGE COMPARATIVE GOOD FORTUNE FIFTH POPULATION THE BOTTOM RISING INCOMES THEREFORE REVELATION THE NOW FAMOUS ACTUALLY STORY DISCOVERY TALK MIGHT NOTHING IN AMERICA PARTICULAR NATIONAL INCOME GOING TO PERCENT WORLD WAR THE ONE TOTAL BRITAIN THE UNITED CUT SEEN SURGE THE UNITED STATES WHAT IT WAS ECONOMIC ELITE THE NINETEENTH CENTURY BACK THEN PEOPLE TRUE CASE STATE OF AFFAIRS PROVE NO MORE SOCIETY FLOURISHED GENERATION THE BIG IDEA GONE PATH THE COMMANDING HEIGHTS ECONOMY INDIVIDUALS FAMILY DYNASTIES REMARKABLE PRECISELY NEEDS LET ME RIGHT AWAY WRITTEN SUPERB WORK GRAND HISTORICAL THE LAST HEARD ECONOMIST INVOKE JANE AUSTEN DATA EVEN THOUGH ECONOMICS PROFESSION PASSION UNDERLYING DISCUSSION TOUR DE FORCE APPROACH ANALYSIS ECONOMIC GROWTH DISTRIBUTION OF INCOME BOOK THE WAY WE THINK THE WAY WE DO ECONOMIC INEQUALITY WEALTH INEQUALITY CHOSEN HOUSEHOLDS ASKED FILL IN QUESTIONNAIRE ANSWERS UP TO PRODUCE PORTRAIT THE INTERNATIONAL GOLD STANDARD THE ANNUAL SURVEY CONDUCTED ONCE THE CENSUS BUREAU THE FEDERAL RESERVE DISTRIBUTION OF WEALTH ESSENTIAL GUIDE CHANGING SHAPE AMERICAN SHIFT IN THE PROCESS SAW GROW TANDEM TOP END INCOME DISTRIBUTION FAMILIES THE BOTTOM HALF LAGGING FAR BEHIND GOOD GETS SITUATION OVER TIME LUXEMBOURG INCOME STUDY SOON AVAILABILITY SURVEY DATA NATIONS MUCH MORE DIFFERENCE ATTRIBUTED GOVERNMENT EUROPEAN NATIONS GENERAL MARKET JUST LIKE REDISTRIBUTION TAXES AMERICA LEADING LESS FOR ALL MISS LIMITED TURNED SOURCE OF INFORMATION TAX NEW IDEA LITTLE ELSE TO GO MERGE SOURCES INFORMATION TELL THE ELITE ESTIMATES REACH INCOME TAX ESTATE TAX COLLECTION REACHING TRICKS PLUS EDUCATED ABLE SUMMARY THE FALL EXTREME THE COURSE THE PAST LOOKS TABLE CURRENT ERA SIMPLE INTELLECTUAL GAUNTLET TALK LIKE THAT THE OBVIOUS ALLUSION RIGHT FROM THE BEGINNING MODERN OLDER PRESUMPTION OF RESEARCHERS EARNED INCOME THE ACTION NEITHER TODAY SHOWS OWNERSHIP PRIME DRIVER KIND CASUAL SPECULATION EMPIRICISM DRIVEN THEORETICAL FRAME ATTEMPTS SEES ECONOMIC HISTORY THE STORY OF RACE CAPITAL ACCUMULATION FACTORS DRIVING POPULATION GROWTH TECHNOLOGICAL PROGRESS PERMANENT STOCK MUST THE OTHER PULL DECADES ON THE EVE EUROPE WORTH SEVEN TIMES NATIONAL THE NEXT COMBINATION PHYSICAL DESTRUCTION THE DIVERSION SAVINGS WAR RATIO THIS WAS PERIOD SPECTACULAR TRENTE GLORIEUSES THE RATIO SLOWING CAPITAL RATIO TOWARD ACCUMULATION OF CAPITAL SAYS EVENTUALLY RECREATE UNLESS PROGRESSIVE VERSUS RATE OF RETURN RATE ECONOMIC MODELS DECLINE CONTINUE FALL LESS THAN HAVE TO BE TRUE EASY REPLACE WORKERS TECHNICAL JARGON ELASTICITY OF SUBSTITUTION LABOR GREATER THAN ONE INDEED WIDEN RECORD CONSEQUENCE REDISTRIBUTION OF INCOME AWAY CONVENTIONAL WISDOM WORRY ABOUT THAT SHARES STABLE CORPORATE SALES BARELY CIRCA THE FINANCIAL CRISIS WAGES ALWAYS STOP PAST DOMINANCE INHERITED OWNERS EXPECT MINIMAL MEANWHILE WEALTHY ENOUGH ENSURE HENCE FASTER REINFORCING SKIMMING TO LIVE LIVES MONEY THE NEXT GENERATION ANNUAL THE GREAT BULK RATHER SAVED CONCENTRATED THE HANDS VERY SMALL RICHEST NOVELISTS OBSESSED LENGTH LECTURE SCOUNDREL VAUTRIN RASTIGNAC PERE GORIOT GIST CAREER FRACTION ACQUIRE STROKE MARRYING RICH HEIRS SIMPLY YOUR GAVE HALF THE STANDARD YOUR WAY PAID MIGHT BE TEMPTED MODERN SOCIETY IN FACT POWERFUL IMPORTANCE THE ERA POSTWAR FAST BACK UP INHERITANCE THE LIVING STANDARD FELL BELOW RISING AGAIN ONCE AGAIN THE RIGHT PARENTS MARRY FIGURE 1 PAGE GLOBAL THE LONG HAUL EQUALIZATION LIES BEHIND CONDITIONS REESTABLISHMENT OF PATRIMONIAL CAPITALISM THIS PICTURE PLAY PUBLIC DISCOURSE AS IT SUGGESTS SIZE FORTUNES IN A WAY SEGMENT VIRTUALLY UNAWARE IMAGINE BELONGS TO MYSTERIOUS SURELY THE WHOLE FACT EXAMPLE ALL THAT TO DO HIGH COMPENSATION HOPE AWESOME CONCENTRATION OF WEALTH CENTRAL POLITICAL DOCUMENTATION UNMATCHED OFFERS UNIFIED FIELD THEORY THING SORT OF SLEIGHT OF HAND INVOLVE DECEPTION MALFEASANCE HERE REASON BOOK LIKE THIS THE AMERICAN REASONS LIE BEYO