(no subject)

[rowsdowerisms.livejournal.com]

And before someone says that inequality is a net benefit...

Comments

[goumindong.livejournal.com]

After the poor have eaten the rich they will be full. The rich are an awfully big meal

[telemann.livejournal.com]

The WSJ journal review (http://online.wsj.com/news/articles/SB10001424052702303825604579515452952131592) isn't that far from some of the Amazon reviews.

Reviewer Daniel Shuchman describes this painstakingly careful work as “less a work of economic analysis than a bizarre ideological screed.” He also suggests that Piketty’s argument that confiscatory tax rates won’t hurt growth is a groundless “breezy” assurance. In fact, Piketty’s argument is based on his rigorous econometric analysis of fifty years of data from eighteen OECD countries. Shuchman ends his review with a classic move straight out of the red-baiting playbook: “the professor ought to read ‘Animal Farm’ and ‘Darkness at Noon,’” he wrote. Awesome point!


Source: What Piketty’s Conservative Critics Get Wrong (http://thebaffler.com/blog/2014/04/what_pikettys_conservative_critics_get_wrong)

[mudryikot.livejournal.com]

I wonder if any american politician ever had the courage to actually say, that they don't see any point in feeding people who cannot provide for themselves?