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Piketty - Capital in the Twenty-First Century

Tags: books, finance, economics

Introduction

History

Conclusions

  • Piketty states that inequality is not necessarily an unstable state

    • path dependency exists, inequality can reduce over time or increase over time
  • also states that modern american economists are too infatuated with mathematics and physics

    Hence they must set aside their concept for other disciplines and their absurd claim to greater scientific legitimacy, despite the fact that they know almost nothing about anything