Paul Rosenberg — Thomas Piketty’s numbers aren’t wrong: The Financial Times’ big whiff misstates his central argument

Bottom line: what matters for economists professionally isn’t errors—everybody makes them—but how truly damaging they are to a larger work, and how you handle them. This is not, however, what matters to the media and policy world, where narratives are king, and the supposed equivalence between Piketty and Reinhart-Rogoff is a prime example of the powerful forms these narratives take. Yet, as we’ll soon see, the two cases are dramatically different.

Salon
Thomas Piketty’s numbers aren’t wrong: The Financial Times’ big whiff misstates his central argument
Paul Rosenberg