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Piketty's Capital

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Borrowed this from a friends library, is it worth reading?
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>>8626127
Yes
>>
ITT: Books you know you should read, but certainly cannot be bothered too.
>>
>>8626209
Les Rougon-Macquart saga in full cover to cover
>>
Yes. It's good shit.

The first half is pretty dry though. Skip to 'Inequality of Labor Income' and the following chapters.
>>
>>8626127

No. Piketty's entire thesis falls apart when you actually look at his data. He apparently either misunderstood how the american tax code works or purposely obfuscated how it works to make his point. Also the pure partisan hackery and imbecilic "the economy does better when democrats are president" shit got old real fast. It got a lot of attention from the MSM and not a lot of attention from working economists (save for Krugman and his ilk) for a reason.
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>>8627972
>misunderstood the American tax code
Unsubstantiated claim.

>It's also wrong because economists like Krugman agree with its thesis.

Solid post, dude. I'll be sure not to read the book.
confirmation bias
Thread posts: 7
Thread images: 1


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