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Comments on: My copy of Capital hasn’t arrived yet http://www.tvhe.co.nz/2014/03/19/my-copy-of-capital-hasnt-arrived-yet/ The Visible Hand in Economics Sat, 22 Mar 2014 12:08:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Zahid55551 http://www.tvhe.co.nz/2014/03/19/my-copy-of-capital-hasnt-arrived-yet/#comment-42845 Sat, 22 Mar 2014 12:08:00 +0000 http://www.tvhe.co.nz/?p=11082#comment-42845 I am looking forward to reading it, I was just a bit thrown by that
statement. I struggle with polemics, and hope to one day avoid using
them myself

]]> By: Matt Nolan http://www.tvhe.co.nz/2014/03/19/my-copy-of-capital-hasnt-arrived-yet/#comment-42834 Wed, 19 Mar 2014 04:47:00 +0000 http://www.tvhe.co.nz/?p=11082#comment-42834 In reply to Jim Rose.

Very good – I am looking forward to reading it, I was just a bit thrown by that statement. I struggle with polemics, and hope to one day avoid using them myself 🙂

]]> By: Jim Rose http://www.tvhe.co.nz/2014/03/19/my-copy-of-capital-hasnt-arrived-yet/#comment-42833 Wed, 19 Mar 2014 01:27:00 +0000 http://www.tvhe.co.nz/?p=11082#comment-42833 French economists do have their blind spots.

Philippe Aghion is a great growth theorist, but I saw him mention taxes only once in a short footnote on Prescott. He is very good on the costs of employment protection laws to creative destruction.

On the rich, Thomas Piketty and Emmanuel Saez showed that the earnings and accumulated wealth at the top have dived with each recession. They showed that the people who really rake it in invest long hours in striving for high pay. They showed rather well that the working rich have replaced the rentier class of days gone by at the top of the income distribution.

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