I am once again flummoxed by the number of economists of note and reputation who have been commenting on Piketty’s Capital in the 21st Century without, apparently, bothering to do the work to understand the basic arithmetic scaffolding of the book.
WCEG — The Equitablog
Trying, Yet Again, to Communicate the Arithmetic Scaffolding of Piketty’s “Capital in the Twenty-First Century”
Brad DeLong
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