In my last post, I claimed that Piketty offers four evaluative and four prescriptive arguments in Capital in the 21st Century. In this post, I will reconstruct and examine claims…
This is the first in five posts that subject the normative claims in Thomas Piketty’s Capital in the 21st Century to critical scrutiny. There have been many, many criticisms of his…
The debate about Piketty’s book remains unabated (see Steve Horwitz’s and Bas van der Vossen’s posts and references therein.) I cannot contribute to this debate because (with the exception of…
Some general thoughts on the controversy over Piketty and his data. 1. We have no evidence he intentionally falsified data. There are problems and anomalies and questions about cherry-picking and the…
I think the strongest argument for limited government is given by public choice economics: well-organized (and often well-funded) concentrated interests will tend to capture political power at the expense of…
Very quick post tonight. What makes someone a good economist or a philosopher? Is it better to be 1) a person who comes to the right conclusions but with bad…