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Volume 20  Number 2  •  Fall 2015
Other Issues:  

Thomas Piketty’s Flawed Analyses of Public Debt and Executive Compensation
By Donald J. Boudreaux
This article appeared in the Fall 2015 issue of The Independent Review

Capital in the Twenty First-Century suffers from erroneous assumptions about the burden of government borrowing and the rise in managerial productivity. These shortcomings reflect a larger, overarching failure in the book: its paucity of microeconomic analysis.

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