Showing posts with label Piketty. Show all posts
Showing posts with label Piketty. Show all posts

Saturday, November 29, 2014

Picking on Piketty

Much has been written about the weighty bestseller: Thomas Piketty’s Capital in the Twenty-First Century.

For brief, column-length responses that take the other side, consider, e.g. the great Richard Epstein:

The Piketty Fallacy

Piketty's Rickety Economics 

And now, a comprehensive and lengthy review, that, as expected, is an economic education - nay, an education - in itself. For those who are by nature sympathetic to Piketty’s assessment and conclusions, think more clearly about the revolutionary political and economic change in the world over the last two centuries. A better critique, after all, deserves a better initial understanding:

 Measured, Unmeasured, Mismeasured, and Unjustified Pessimism: A Review Essay of Thomas Piketty’s Capital in the Twenty-First Century Deirdre Nansen McCloskey