Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by luckydata on Sunday March 31, 2019 @05:50PM
(#19538649)
Oh my, where do I start. Alright, let's go in order.
re:Strawman - So you're trying to tell me that the Chicago School of Economics doesn't have a right leaning bent and inspires itself in the work of the Austrian economics. Yeah, you could say that but it's bullshit.
re: high indebtness. people criticizing RR are doing it because the paper is bad. Plus, as Paul Krugman correctly notes, high level of debt could be a result of economic slowdown and not the cause (best example is Japan).
re:Strawman - So you're trying to tell me that the Chicago School of Economics doesn't have a right leaning bent and inspires itself in the work of the Austrian economics. Yeah, you could say that but it's bullshit.
re: high indebtness. people criticizing RR are doing it because the paper is bad. Plus, as Paul Krugman correctly notes, high level of debt could be a result of economic slowdown and not the cause (best example is Japan).
see more: https://www.nytimes.com/2013/04/19/opinion/krugman-the-excel...
Sorry that reality doesn't agree with your views.