Piketty

I havenโ€™t said much about Pikettyโ€™s Capital because I havenโ€™t read the book, and probably donโ€™t intend to.

The r > g hypothesis is almost certainly true, as Piketty is just expanding on research done by other scholars that I have read.

Whatโ€™s more interesting to me is that r > g seems to me to actually create the conditions for its destruction (inequality leading to eventual war, etc.)

Iโ€™d like to see more research on that. I would definitely read that.

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