Brink Lindsey on What Thomas Piketty Gets Wrong About Capitalism

It’s hardly a mystery why French economist Thomas
Piketty’s Capital in the 21st Century has generated so
much intellectual excitement here in the United States. The subject
of the book, economic inequality, has become in recent years a
major fault line in American ideological and partisan conflict.
President Barack Obama, for his part, has called it “the defining
challenge of our time.” Yet as Brink Lindsey explains, Piketty and
his American admirers are guilty of performing an intellectual
sleight of hand. Don’t be fooled.

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