Thomas Piketty is a French economist whose Capital in the Twenty-First Century has swept American discourse. Four experts Brad DeLong, Tyler Cowen, Stephanie Kelton and Emanuel Derman take on why that is
Theres been a bizarre phenomenon this year: a young, little-known French economist has written a 700-page tome about economic inequality dense with data, historical examples from France, and a few literary references to Jane Austen.
Thats not the strange part. This is: its a bestseller.
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