Wednesday, April 30, 2014
What Are Critics Saying About Piketty?
Conservative critics have started to come out from under the rocks. This article reviews some of the responses. It was difficult to determine the winner of the worst critic award. The Wall Street Journal made a strong effort to win the award, but the winner may be the critic who admitted that she had not read the book, but that she did not like what she had read about the book. There have even been some criticisms from the left. They tend to support most of Piketty's arguments but they have a different public policy response in mind. They believe that public policy in the US had led the reduction of inequality following the end of WWll. It included more than progressive taxation.