#rents # Explainer: How economic “rents” affect inequality Mark Thoma MoneyWatch Apr 1, 2014 5:50 AM EDT Economist Thomas Piketty’s book, “Capital in the Twenty-First Century,” highlights the dangers of an economy dominated by inherited wealth — an economy in which birth is more important than effort and ability. He provides evidence that the U.S.Continue reading 
Titled as follows: Explainer: How economic rents affect…