Wednesday, May 14, 2014

Piketty still in the news

Thomas Edsall in New York Times "Despite the criticism of Piketty from right, left and center, he has, by shifting the focus from income to wealth, successfully transformed the debate over inequality......Now we need effective politicians to articulate this challenge in ways that resonate with a striving electorate determined to achieve a higher standard of living through grit and hard work."
Dani Rodrik in Project Syndicate "Capital in the Twenty-First Century has reignited economists’ interest in the dynamics of wealth and its distribution – a topic that preoccupied classical economists such as Adam Smith, David Ricardo, and Karl Marx. It has brought to public debate crucial empirical detail and a simple but useful analytical framework. Whatever the reasons for its success, it has already made an undeniable contribution both to the economics profession and to public discourse."

1 comment:

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