OPINION: Piketty is right about taxing the rich

GUEST POST

I cannot recall anything in Thomas Piketty’s Capital in the 21st Century that indicates he denies many countries are becoming richer or are closing the gap between them and the US. 

If that is right, it is not clear why Oliver Hartwich maintains Piketty “would have to concede” that which he has not denied (“Piketty ignores the great convergence,” June 6).

 

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