The opinion pages, economic journals and liberal Web sites are atwitter (a-Twitter?) these days over French economist Thomas Piketty’s “Capital in the Twenty-First Century.”
Left-wingers cite Piketty’s statistics showing growing wealth inequality — though some have been challenged by the Financial Times — in support of Piketty’s policy response, huge taxes on high incomes and accumulated wealth.
The only problem is that voters won’t cooperate.
Read Full Article »