DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Boudreaux on Piketty

7th June 2014

Read it.

In Piketty’s book, there is surprisingly little economic analysis.  Armen Alchian or Harold Demsetz or Yoram Barzel or Jim Buchanan or David Friedman or Ronald Coase – to choose just some examples – each has more economic analysis on any one randomly chosen page of any of his works than Piketty has throughout his entire book.

Like Marx, Piketty’s agenda is political, and only incidentally economic.

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