Monday, June 30, 2014

Peter Dorman — Piketty and the Capital Theory Dustup

Anyone who has studied this debate knows that this summary bears no relation at all to what was actually argued over. Piketty seems like a smart, open-minded guy, so I would have to assume that he hasn’t read the original documents; his take must have been formed by what he was told in grad school. If so, this passage can be read as a reflection of how the Two Cambridges battle has been turned into official history. That’s a discouraging thought.
As for myself, I think I disagree with both sides.

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