Thomas Piketty has delivered a rebuttal to the FT’s claim he improperly manipulated data and drew wrong conclusions about the concentration of wealth in Capital in the 21st Century. In a technical appendix posted on his website on 28 May,…
Tag: Capital in the 21st Century
Piketty’s data get a well-deserved mauling from the FT
The Financial Times (FT) has precipitated a long-anticipated storm about the validity of the statistical methodology used by Thomas Piketty to support his argument in Capital in the 21st Century for an increase in taxation on the very wealthy. FT…