Piketty: A Wealth of Misconceptions; Capital in the Twenty-First Century, Thomas Piketty’s thoughtful manifesto, sadly gets capitalism all wrong
June 8, 2014 Leave a comment
Piketty: A Wealth of Misconceptions
Capital in the Twenty-First Century, Thomas Piketty’s thoughtful manifesto, sadly gets capitalism all wrong.
May 31, 2014 12:39 a.m. ET
Reviewed by Donald J. Boudreaux
Thomas Piketty’s Capital in the Twenty-First Century might soon stand with Karl Marx’sCapital, which inspired its title, as one of the most influential economic masterworks of the past 150 years. But sad to say, this 696-page tome, ably translated by Arthur Goldhammer, is no more enlightening about capitalism in the 21st century than Marx’sCapital was about capitalism in the 19th century. Read more of this post