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.
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.
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(5 pages)
Economic History and DevelopmentEconomic PolicyEconomyFederal Budget PolicyFree Market EconomicsTaxes and Budget
| Other Independent Review articles by Donald J. Boudreaux | ||
| Winter 2014/15 | Mass Flourishing:How Grassroots Innovation Created Jobs, Challenge and Change | |
| Winter 2011/12 | Bourgeois Dignity:Why Economics Can’t Explain the Modern World | |
| Fall 2011 | Peddling Protectionism:Smoot-Hawley and the Great Depression | |
| [View All (9)] | ||
