Tuesday, March 25, 2014

Another nice review of Piketty's 'Capital'

Taking on HeiristicracyAs Krugman says, it is all about r-g. Cutting down r is a political decision. May be ban anybody above certain income from elected positions or appointments by elected officials. I think g works differently for developing and developed economies. Only the book 52 in this list seems to question growth obsession for developed economies 1oo Best Economics Books of All Time.

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