Jennifer Rankin — Thomas Piketty: The Financial Times' Criticism of My Book is 'Ridiculous'

In an interview with the Agence-France Presse news agency, the economist said: "The FT is being ridiculous because all of its contemporaries recognise that the biggest fortunes have grown faster."

While the available data was "imperfect", it did not undermine his central argument about widening inequality, he said. "Where the Financial Times is being dishonest is to suggest that this changes things in the conclusions I make, when in fact it changes nothing. More recent studies only support my conclusions, by using different sources."

AlterNet
Thomas Piketty: The Financial Times' Criticism of My Book is 'Ridiculous'
Jennifer Rankin, The Guardian