• N. Gregory Mankiw


Why Inheritance Is Not a Problem. N. Gregory Mankiw, June 22, 2014, Opinion. "Is inherited wealth making a comeback? Yes, says Thomas Piketty, author of the best seller ''Capital in the Twenty-First Century.'' Inherited wealth has always been with us, of course, but Mr. Piketty believes that its importance is increasing. He sees a future that combines slow economic growth with high returns to capital. He reasons that if capital owners save much of their income, their wealth will accumulate and be passed on to their heirs..." Link