Lars Syll — Piketty on ‘Ricardian equivalence’ and representative agent models

Piketty may use neoclassical models, but he skews the incorrect interpretations based on interpretation of assumptions as applicable to the world in addition to the model. This is misuse of a gadget, conflating a heuristic with a description. This can be compared to confusing a preliminary sketch with a blueprint.

Piketty on ‘Ricardian equivalence’ and representative agent models
Lars P. Syll | Professor, Malmo University

Here is a similar post about Lucas confusing a sketch with a blueprint,
Lucas’s models — useless for economic policy evaluation