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Observers know very well that Europe, not America, is China's role model for its state welfare systems, social democracy, low inequality, infrastructure, and commitment to sustainability.
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The fastest-growing industrialized economies (South Korea, Estonia and Poland) have remarkably low inequality.
His research interests also include investigating income inequality, infrastructure, and climate policy.
Under the broad heading of "sociological factors" he listed social and human capital, inequality, infrastructure and short-termism.
"The returns are very low for infrastructure projects," he said.
Conclusions: 1) Build a low cost infrastructure — or perish.
Even Lawrence Summers embraces government activism to reverse inequality, including infrastructure spending and progressive reform of the tax code.
We all agree that wages are too low and inequality is too high.
Periods of low income inequality, Piketty claims, are just a historical blip.
"Once you get into it, you can talk about the history of the subway, climate change, inequality, and infrastructure nationwide.
Access to land – low-cost infrastructure – business planning support.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com