Paupers and Richlings
Benjamin Kunkel: Piketty’s ‘Capital’, 3 July 2014
Capital in the 21st Century
by Thomas Piketty, translated by Arthur Goldhammer.
Harvard, 696 pp., £29.95, March 2014,978 0 674 43000 6 Show More
by Thomas Piketty, translated by Arthur Goldhammer.
Harvard, 696 pp., £29.95, March 2014,
“... for the rate of upthrust and a further theory for the erosive effect of this climate on that rock. Piketty sets r against g without establishing why either should be what it is. Still, the analogy with geology is flawed. Plate tectonics and climate are independent variables, as the rate of return and the growth rate are not, though Piketty treats them ... ”