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If these effects are strong enough to undermine Piketty's hypothesis then it is incumbent upon Rognlie to run the numbers and show that they do otherwise it's j
by gress 12y ago
If these effects are strong enough to undermine Piketty's hypothesis then it is incumbent upon Rognlie to run the numbers and show that they do otherwise it's just more fud.
- krrrh 12y agoHere's a link to the paper if you're interested: http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf