25
Apr
2014
Old White Rich (?) Guys Complain About Privilege
Krugman links to his panel discussion at CUNY on Piketty’s book. Here’s the screenshot:
Piketty himself is only 42. (But it wouldn’t surprise me if he’s in the 1% himself this year or next, depending on the structure of his book contract.) Anyway it just jumped out at me to make this observation. Carry on.
Bob,
You’ve no doubt seen today’s K Kolumn, in which the Master discerns “panic” on the right, over Piketty’s book.
Seems to me he’s projected a fantasy, where “right” economists are terrified of a Marxist wave of expropriation.
I know I hang out too much in the fever swamps of “right”[?] blogs, like this one, Café Hayek, EconLog, (ones largely accessible to the layman); and, I haven’t seen any panic. Have you? Pethokoukis, Tyler Cowen, and conservative-to-libertarian commentators have taken a look at the latest phenom.; and, I don’t read panic in their assessments.
Cheers
I can’t bear to watch, an hour and a half of professional cagafuegos singing the praises of a new, but all too familiar, odious tome that for generations to come, will enthrall the prosaic intellects of a pack of fickle mush heads.
I just clicked through to Amazon (your links) and his (translated) book is out of stock, so, yes, he no doubt will be in the 1% in France. He can then afford to buy politicians who will raise his tax sufficiently to take him out of the 1% (apparently without putting someone else in the top 1%).