Sunday, April 13, 2014

Capital Is Defeating Labor, and That's a Bad Thing

We shouldn't tax the owner of this home too much, it wouldn't be fair.

A book that's made quite a stir is Capital in the 21st Century by Thomas Piketty, a French economist. It makes a strong case for tackling income inequality. Naturally, the New York Review of Books brought Paul Krugman on to review it. It's a fascinating read.

Thomas Piketty, not the biggest fan of the "job creators."

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