Magazine May 5, 2014, Issue

Unequal to the Task

Capital in the Twenty-First Century, by Thomas Piketty (Harvard, 696 pp., $39.95)

In the mid 1950s, Simon Kuznets published historical data on the distribution of income in the United States, covering a 35-year period beginning in 1913. This was the first time any such statistics had been compiled for analysis, and they showed a sharp reduction in inequality over that period. In subsequent work, Kuznets argued that income inequality is likely to increase when countries begin to industrialize and experience economic growth, but that eventually the trend in income inequality begins to reverse. This bell-shaped relationship between economic growth and inequality became known as the Kuznets curve, and it broadly represented evidence

In This Issue

Articles

Politics & Policy

Greater Growth

James Monroe had the third eight-year presidency in a row, a period called “the era of good feelings” for its lack of partisan rancor. We are now finishing another string ...
Politics & Policy

A War for Oils

Unveiling original paintings of the world leaders he has known, George W. Bush flouts convention with a daring he only occasionally displayed as president of the United States. First, it ...

Features

Books, Arts & Manners

Politics & Policy

A Texan to the Rescue

John Silber (1926–2012) and New York senator Daniel Patrick Moynihan (1927–2003) were probably the most serious first-order intellectuals to commit themselves effectively to high public service in the United States ...
Politics & Policy

Blacklisted

Helen Hunt wasn’t smiling. Neither was Lynn Redgrave, or Steven Spielberg. Well, at least they were clapping — others didn’t even go that far. On March 21, 1999, Elia Kazan ...
Politics & Policy

Noah’s Arc

The religious reception of Darren Aronofsky’s Noah — a weird art-house/blockbuster hybrid, part Malick and part Bruckheimer — has moved in three broad waves. First, long before the movie screened, ...

Sections

Politics & Policy

Letters

Virtue and Verse Roman Genn, in your March 24 issue, drew a splendid cover illustration of the Republican symbol of trust and faithfulness astride a vociferous tool exemplifying productivity and change. ...
Politics & Policy

The Week

‐ Vladimir Putin can count himself lucky that there are no tortoises in Crimea. ‐ A heated showdown between the Bureau of Land Management and Nevada rancher Cliven Bundy cooled several ...
Athwart

Dancing Athwart History

Vladimir Putin’s effortless ingestion of Crimea has produced some novel responses, and while one usually wouldn’t expect English lefty newspapers to get all frowny and harsh, Guardian arts columnist Jonathan ...
Politics & Policy

Poetry

TO BETA, COSMICALLY CONSIDERED If relic radiation bathes the spheres Isotropically, as water is to fish, To an observer here or in Andromeda, Time has an arrow sharp as Cupid’s kiss. If all is that ...

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