An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, March 11, 2014
Brad DeLong— Heather Boushey (and Me) on Thomas Piketty
Picketty's books is out today. Here's an appraisal.
Neither DeLong nor Piketty seem to address James Galbraith's points that Europe as a whole is even more unequal than the USA. Even though each country has more equality when looked at individually. And that the former is now a more appropriate comparison.
Neither DeLong nor Piketty seem to address James Galbraith's points that Europe as a whole is even more unequal than the USA. Even though each country has more equality when looked at individually. And that the former is now a more appropriate comparison.
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