Thursday, May 29, 2014

CAPITAL IN THE TWENTY-FIRST CENTURY

I have just acquired Piketty's big book, having only begun to read it. Undoubtedly corruption is a major component of income inequality, as American economic, political, and legal history will easily disclose via a vis blacks! Hopefully economists can use Piketty's careful and detail metrics to measure and to quantify the extent of deprivation for purposes of reparations, in whatever form they inevitably may assume! http://m.theatlantic.com/international/archive/2014/05/the-problem-with-pikettys-inequality-formula/371653/