The Financial Times launched a strong critique of Thomas Piketty’s influential Capital in the Twenty-First Century but this is overall a nitpicking disingenuous apology for the 1% (no surprise):
Financial Times versus Piketty: round 2 *ding*
Posted: 2014/05/28 by Punkonomics (@dearbalak) in Links/Articles/VideoTags: 1%, capital, Financial Times, inequality, Thomas Piketty
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The best answer to the FT critique at the journalistic level is:
http://www.theguardian.com/commentisfree/2014/may/26/thomas-piketty-economist-ft-attack-rising-inequality-bling
Of course, Pikettyâs data is based on research done with Tony Atkinson, one of the most respected economist in the UK, so I would rather believe my fellow academics than a trivial FT blog.
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This attack seems really rather desperate by the standards of the FT
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