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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Monday, June 16, 2014
Justin Wolfers — Inequality and Growth
More on Piketty
Inequality and Growth Justin Wolfers, The Brookings Institution and University of Michigan (on leave), CEPR, CESifo, IZA and NBER
Terrible. Wolfers only seems to have read the Summers review of Piketty, and thus repeats Summers's mistakes.
ReplyDeleteTypical lack of professionalism in the mainstream.
ReplyDeletePiketty did his best to present in terms of the mainstream model, and still they fluffed it.