Thomas Pikety

Brian Kaplan* I have just finished the unpublished collection Inequality and Economic Policy: Essays in Honor of Gary Becker, edited by Tom Church, Chris Miller, and John Taylor. For me, the most striking part of the text is John Korhane’s on inequality: “The most mysterious thing is why left critics focus on the one percent in …

When the French economist Thomas Piketty published his massive paper arguing that the steady rise in economic inequality was inevitable under capitalism, his thesis and its supposed and empirical basis quickly gained support among leftists, who echoed Piketty’s call for greater redistributive taxation. Other economists spent a lot of time …

June 16, 2014 by Phil Magnes In the past few days, Thomas Piketty and a few of his more unscrupulous defenders have begun to declare the data controversy surrounding Capital in the Twenty-First Century to be over, following the publication of Piketty’s response to Chris Giles of the Financial Times. I argue that the controversy is not …