We come to the normative argument that Piketty regards as the most important: that the great and increasing amount of wealth inequality is too easy to hide and so makes…
In my last Piketty post, I outlined Piketty’s arguments 2E and 2P, namely that patrimonial capitalism generates unjustified inequalities and that a global capital tax will contain those inequalities in…
I will address Piketty’s arguments that patrimonial capital generates unjust inequalities and that a global wealth tax can suitably reduce those inequalities in two parts. In this post, I’ll simply…
Eric Schliesser has written a thoughtful and even-handed criticism of my post on Piketty and social stability. Eric is worried that I did not focus enough on the fact that simple…
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…