The Contradictions of Capital in the Twenty-First Century

This excellent volume effectively exploits and builds on ‘the Piketty opportunity’: the contested new terrain created by Thomas Piketty’s challenge to mainstream economics and economic history. With their deep knowledge of the history of the study of inequality in various regions of the world and in the discipline of economics, the contributors engage critically with Piketty’s Capital in the Twenty-First Century to provide a plethora of new insights and important alternative policy proposals. This volume demonstrates why public policy-makers need to pay full attention to historians in grappling with the political trilemma of our age posed by Piketty: democracy, capitalism and inequality. -- Simon Szreter, University of Cambridge
This splendid book validates Thomas Piketty's Capital precisely through its lucid, comprehensive and in places devastating critique of his capital theory and empirical methods, with rich detail on France, Germany, Sweden, the UK and the US, as well as Japan, Africa and India. As companion reading or on its own, Contradictions is a landmark, a model of scholarly engagement at the highest level. -- James K. Galbraith, Lloyd M. Bentsen, Jr. Chair in Government/Business Relations, University of Texas at Austin

Drawing in a critical and reasoned manner on the work of Thomas Piketty, this clear and rigorous book assembles leading specialists in the field to propose a global analysis of inequality. In remarkably illuminating fashion, it evokes the tragedy of inequalities in the dynamic of capitalist systems in the long term and places into stark relief the urgency for well informed action.

-- Philippe Minard, Ecole des Hautes Etudes en Sciences Sociales
Hudson and Tribe have, with their selection of authors, and their outstanding contributions, substantively re-launched the enquiry into inequalities. The essays have provided further opportunities to explore the potential links between economic history and economics, theoretical and empirical; to ask questions in a different way, rethink concepts and the nature of information; to go beyond what each discipline on its own can give, to tell another story. Their book could be a landmark collection. -- Prue Kerr, Contributions to Political Economy

A welcome contribution . . . The chapters produced by Patrick Manning, Matt Drwenski, Tetsuji Okazaki and Prasannan Parthasarathi are particularly valuable as they consider regions often ignored and about which little is known. Each on their own present relevant empirical contributions linking certain key regions to what we can refer to as the ‘Piketty narrative.’ For these chapters alone, the book should be considered a valuable addition to one’s library.

-- Vincent Geloso, EH.Net
It offers rich and variegated comment on Capital in the Twenty-First Century that is sometimes critical, sometimes complementary, and is surely valuable for anyone who wants to delve deeper into the many historical processes, settings, and incidences that Piketty has interwoven in his long history of rising inequality. -- Peter Lindner, Economic Geography
The main sections of the book aim to particularise the analysis of inequality by looking at the trends, institutions and politics of different countries – one section on western economies, one on major economies elsewhere. As Luis Bértola points out here, Piketty is very Eurocentric. Having these different national perspectives is a useful contribution to what is turning out to be quite an extensive new literature on inequality. -- Diane Coyle, The Enlightened Economist