Piketty’s Response

Piketty

This is a response to the criticisms - which I interpret as requests for additional information – that were published in the Financial Times on May 23 2014. These criticisms only refer to the series reported in chapter 10 of my book Capital in the 21st century, and not to the other figures and tables presented in the other chapters, so in what follows I will only refer to these series.

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Zombie Economic Ideas That Refuse to Die

From Foreign Policy: Theories, factual claims, and policy proposals that seemed dead and buried in the wake of the  financial crisis are now clawing their way through the soft earth, ready to wreak havoc once again. Five of these zombie ideas seem worthy of particular attention and, if possible,...

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The Time of Monsters

Athens protest, May 5, 2010, Jesse Garcia   From New left Review: During this year’s protests against the Eurozone’s austerity measures—in Greece and, on a smaller scale, Ireland, Italy and Spain—two stories have imposed themselves. The predominant, establishment story proposes a de-politicized naturalization of the crisis: the regulatory measures...

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Very very very very very dishonest

Mel Brooks and the Bankers | by Thorvaldur Gylfason

Vox

The fraudulent CEOs of the 1990s and their accounting allies were the real-life Bialystocks and Blooms

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Masha Tupitsyn
sickert

No one can love anymore because of an overabundance of reaction formation. No one wants to owe anything to their desire(s); to other people’s...

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Hearn1

How could a man born on a Greek island in 1850 be a household name in Japan today? The answer lies in the story...

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kentridge1

Jean Améry titled his renowned book on voluntary death, Hand an Sich Legen – To lay Hands on Oneself. Beyond the argument of Amery...

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letters

Several months ago, I wrote a long letter by hand to a young woman I barely knew. That sounds pretty dubious, if not to...

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Kemmler

In a move that might strike readers as odd, Derrida spends most of these lectures not on the case made by death penalty proponents,...

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proust

Although Charles Kenneth Scott Moncrieff’s translation of À la recherche du temps perdu is considered by many journalists and writers to be the best...

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carpo

It all started with cellphones, a long time ago. No student, and few teachers, would make voice calls from class, but in the early...

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Daniel Bosch
dace-holland

Three of America's most famous poets announced today the immediate availability of new, moderately priced "diffusion lines" based on their celebrated high-end works to...

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Soren_Kierkegaard_i_Corsaren

When Johannes Climacus defines Christianity in the Postscript, he writes:

Christianity is spirit; spirit is inwardness; inwardness is subjectivity; subjectivity is essentially passion, and at...

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gosse1

On May 31, two weeks after his death, and the day before Orlando was sent to the printer, Woolf noted his death as follows:...

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A while back I found an online edition of Anouck Durant and Gilles De Rapper's monograph Ylli: Les couleurs de la dictature.

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noise

OK, I've been outed as a noise nut and it's true. I am crazed by noise. I have to put my fingers in my...

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I, myself, was barely six months old when Twin/Tone put out The Mats’ Let It Be. The day, they say, was Orwellian: Tuesday, October...

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fusion

When Yaweh advanced into Ezekiel in the form of penetration, the four wings of the chariot became instantly erect and bloodshot and then fell...

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