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Please correct the typo note for not; because this is most correct thing that can be said about Pikkety's work. His conclusions are arguable, and can even be d
by soneca 12y ago
Please correct the typo note for not; because this is most correct thing that can be said about Pikkety's work.
His conclusions are arguable, and can even be dismissed. But the data he collected and organized can and should be taken seriously and reworked. Yes, revised, treated with different assumptions in mind. But dismiss his whole work because he might be wrong on his final politic suggestions is a disservice to the science (no matter how small amount of science there is in Economics).
If you want to make Economics learn some things from hard sciences, you should take Piketty's data seriously.
- ThomPete 12y agoCorrected and thanks for the catch!
- vanderZwan 12y ago> But dismiss his whole work because he might be wrong on his final politic suggestions is a disservice to the science (no matter how small amount of science there is in Economics). Not in the least because he himself appears to be very open to criticism, as a proper scientist should be.
- slowmovintarget 12y agoUnless the data itself is suspect, which it is. http://www.ft.com/cms/s/0/c9ce1a54-e281-11e3-89fd-00144feabdc0.html http://www.ft.com/cms/s/0/c9ce1a54-e281-11e3-89fd-00144feabd... http://www.nytimes.com/2014/05/24/upshot/did-piketty-get-his-math-wrong.html http://www.nytimes.com/2014/05/24/upshot/did-piketty-get-his... http://www.wsj.com/articles/alan-reynolds-why-pikettys-wealth-data-are-worthless-1404945590 http://www.wsj.com/articles/alan-reynolds-why-pikettys-wealt... It's interesting to see how many people so dearly want his assertions to be true.
- ThomPete 12y agoNot at least you :) Those claims have been discussed here before and they don't change anything substantial.