Eric Posner As Well As Glen Weyl On Piketty

Eric Posner As Well As Glen Weyl On Piketty

In The New Republic.  A tidbit:
Only really extreme scenarios, where every wealthy private does all of the next at the same time tin Pb to the form of explosive inequality dynamics Piketty fears:
  1. Marries mortal at to the lowest degree equally wealthy or bequeaths all wealth to i child.
  2. Consumes really little.
  3. Avoids paying most taxes.
  4. Contributes petty to charity or politics.
  5. Invests optimally spell avoiding Bernie Madoff together with his ilk.
And it is difficult to imagine why anyone would attention close the being of such an inbred, self-denying, together with politically-removed class, if it could e'er exist.

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