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Marshall Steinbaum — Why Are Economists Giving Piketty the Cold Shoulder?

Summary:
Important.  Marshall Steinbaum catches us up on what's happened since the publication of Piketty's Capital in the 21st Century three years ago. Actually, lots.  But the economics profession has largely ignored it since it involves distribution and the economics profession doesn't consider distribution irrelevant.Boston ReviewWhy Are Economists Giving Piketty the Cold Shoulder?Marshall Steinbaum | Fellow and Research Director at the Roosevelt Institute

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Important. 

Marshall Steinbaum catches us up on what's happened since the publication of Piketty's Capital in the 21st Century three years ago. Actually, lots. 

But the economics profession has largely ignored it since it involves distribution and the economics profession doesn't consider distribution irrelevant.

Boston Review
Why Are Economists Giving Piketty the Cold Shoulder?
Marshall Steinbaum | Fellow and Research Director at the Roosevelt Institute

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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