The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...

The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...

Thomas McKeown was a rhetorically powerful critic, from the inside, of the medical profession's mid-20th-century love affair with curative and scientific medicine. He emphasized instead the importance of economic growth, rising living standards, and improved nutrition as the primary sources of most historical improvements in the health of developed nations. This interpretation failed to emphasi...

The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...

The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...