{"product_id":"9783658507145","title":"Springer Studies in Alternative Economics: r \u003e g and Redistribution","description":"\u003ch1\u003eSpringer Studies in Alternative Economics: r \u0026gt; g and Redistribution\u003c\/h1\u003e \u003ch2\u003eKremer, Jürgen\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eWhat drives the long-term development of economies—and how does growth affect different segments of society?\u003c\/p\u003e\n\u003cp\u003eThis book redefines the theory of economic growth by moving beyond the traditional \"average citizen\" model. Instead, it introduces a dynamic framework that accounts for the diverse structure of real-world economies, dividing households into distinct groups based on income, consumption, and wealth.\u003c\/p\u003e\n\u003cp\u003eThrough rigorous modeling and analysis, the book explores how key factors—such as the economic growth rate and the return on capital—shape not only the overall trajectory of an economy but also the fortunes of its individual household groups. It demonstrates that when the return on capital exceeds the growth rate, wealth concentration intensifies—a finding that aligns with Thomas Piketty’s influential empirical research. This book will appeal to economists, policymakers, and anyone interested in the forces that shape prosperity and inequality in modern societies.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2026-05-05\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783658507145\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-658-50715-2\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 142\u003c\/p\u003e ","brand":"Springer Fachmedien Wiesbaden","offers":[{"title":"Default Title","offer_id":45228316819596,"sku":"9783658507145","price":89.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783658507145_782a0fcb-5375-4756-b7c6-2c42fdf05e14.jpg?v=1779971304","url":"https:\/\/lateknightbooks.com\/products\/9783658507145","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}