Friday, December 5, 2014

Just found this "Piketty Explained" blog, seems like good Cliff notes.   The best summary I've seen is one of the earliest, by Branco Milanovic.   For a brief description (with links) on how the right-wingers are attempting to respond now, check this entry from the Real World Economics blog.  For the latter, in a nutshell:  Well, inequality isn't so bad because the very rich deserve it.... And, look away, look away--  look at poverty instead, which we know how to ignore.
   Seriously, that's it.  All the critiques of Piketty I've seen have withered under even the lightest scrutiny.  He got it right.


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