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A slice of Danish Follow the feeders Return to wealth Diagnosing depression ReprintsThe second feature of the Danish system is that mortgage-holders can also buy the bonds in the market and use them to redeem their mortgages.
As a general rule wealth grows faster than economic output, he explains, a concept he captures in the expression r > g (where r is the rate of return to wealth and g is the economic growth rate).
Grayling Professor of philosophy Birkbeck, University of London LondonRisk analysisSIR – It is surprising to me that Marcel Rohner, the boss of UBS, apparently believes that to "buy a share and sell a call option on that same share" would mean "your balance-sheet has grown but your risk has not" ("Return to wealth", January 3rd).
Piketty calls this "patrimonial capitalism," a state that is certain to occur if the rate of return to wealth remains higher than the rate of growth of the economy.
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Professor Omarova closed her written testimony with the admonishment that if Congress truly wants to foster economic growth, it should take affirmative measures to assure adequate credit flows toward infrastructure and cutting-edge industry, rather than deregulating so as to permit a return to wealth-destroying, bubble-and-bust cycles in secondary markets.
The long-run relationship between r and g has little to do with the fortunes accumulated by Bill Gates and Jeff Bezos.Mr Piketty acknowledges the point, but does not let it distract him from his broader emphasis on the long-run returns to wealth.
Writing in Foreign Affairs, Tyler Cowen of George Mason University reckons Mr Piketty sees capital as a "growing, homogeneous blob", and so fails to take account of the variation, across time and investments, in the returns to wealth.Happily, "Capital" is not written in economist-ese.
Because of our thin concept of democracy -- that elected government plus a one-rule economy (highest return to existing wealth) are all we need to meet human needs.
Advising the wealthiest investors to aim for a negative rate of return, to move wealth where it is needed most (Leslie Christian).
He said elections were not won or lost in a short campaign, but over years, calling for the party to return to issues of wealth creation, as well as wealth distribution.
The company's massive cash accumulation is implicit pressure to return wealth to investors.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com