I have a new article on the news and commentary website, “EpicTimes,” on “The Inequality Trap Distracts from the Real Issue of Freedom.”
Thomas Piketty’s new book on, Capital in the Twenty-First Century
has been hailed as a renewed demonstration that capitalism breeds unjust income inequality that can only have its remedy in virtually confiscatory taxing policies to impose a more “just” and more equal range of incomes.
I argue that Piketty misses essential aspects of the workings and nature of the market economy, including;
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