Plus Ça Change …

It turns out that the data used to support the conclusions in French economist Thomas Piketty’s book Capital in the Twenty-First Century has been fudged. This undermines the credibility of yet another bit of “research” that bolstered a progressive political meme, increasing economic inequality.

I’m reminded of Michael Bellesiles’s Arming America.

plus c’est la même chose.

6 thoughts on “Plus Ça Change …

  1. in the main wealth exceeding what someone is able to employ toward their own satisfaction ends up as capital, which increases worker productivity, increasing the total wealth, and generally benefiting the poor and middleclass (as markets favor large markets over small ones.)

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