A look at the evolution of income inequality: Piketty against Blacksmith - 60 years later
The article compares the two interpretations of the evolution of inequality, one of which was presented by Simon Kuznets in 1955, and the other - by Thomas Piketty 2014. If Smith believed that inequality is reduced when the economy is relatively rich, and thus, the mere economic growth enough to, and increase the level of income in the economy, and reduce the level of income inequality, the Piketty shows that inequality in time becomes more and more and requires coordinated efforts of the authorities of different countries to reduce it. In this paper an attempt is made to use some of the results of Kuznets Piketty and to analyze the current situation with the income inequality in Russia.
Volume (Year): 1 (2016)
Issue (Month): (February)
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