Rob Wile — The FT Isn't Just Saying Piketty Made A Mistake — It's Saying He Manipulated Data

Financial Times economics editor Chris Giles says French economist Thomas Piketty's best-selling "Capitalism in the 21st Century," about rising inequality in the West, contains serious errors that undermine his conclusion that wealth distributions are widening. 

Giles says there are clear examples of some "fat finger" mistranscriptions and compares the situation to omissions found in Reinhart's and Rogoff's data on debt levels and growth.

But while the two Harvard professors' errors seemed to have been unintended, Giles levels a more serious critique: that Piketty actively manipulated his data.

His most damning claim: Piketty altered U.K. data to show that wealth distribution there is worse off than it appears to be.

"R & R made innocent mistakes. Piketty manipulated the data." Isn't that reasoning kinda like the Bundy bunch pointing weapons at federal agents only defending their rights against big government overreach, while Occupy protesters were domestic terrorists bent on overthrowing the government?

Is the Financial Times the new Fox News?

Business Insider
The FT Isn't Just Saying Piketty Made A Mistake — It's Saying He Manipulated Data
Rob Wile

See also Wile's BOMBSHELL ALLEGATION: FT Says Piketty's Inequality Data Is Flawed And Some Appears To Be 'Out Of Thin Air'.