Alex Tabarrok: The Piketty Bubble?: "Piketty’s Capital is not very clear on how to distinguish...Grasping Reality with Both Hands
...greater physical capital from higher asset prices. For the most part, Piketty discusses capital as something that builds up over time through savings...
Ummm... No. Simply no.
Daily Piketty: Ummm... No...
J. Bradford DeLong | Professor of Economics, UC Berkeley
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