By Nicholas Vardy In the world of economists, Thomas Piketty has been lauded as an overnight rock star. But does he really have anything new to say?
Today, Nicholas Vardy explains why Piketty’s financial economics are hardly worthy of acclaim.
Last week, I saw French economist Thomas Piketty introduce his new book, Capitalism and Ideology, at the London School of Economics.
Few Americans have ever heard of Piketty.
But in the world of economists, Piketty’s earlier book Capital in the Twenty-First Century, published in 2014, turned this obscure French academic into an economic rock star overnight.
I was excited to find out what the fuss was all about.
Piketty …read more
