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A comment on Margin Debt Surges 9.5% in June to Record High. Parent comment

Re:Margin Debt Surges 9.5% in June to Record High by fergie on Thursday August 21, 2025 @08:49AM (#44972111)
Every independent economist has been saying this for the last 10 years- see for example "Capital in the Twenty-First Century", a book written by French economist Thomas Piketty.
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Re:Margin Debt Surges 9.5% in June to Record High by slipperydippery on Thursday August 21, 2025 @08:50AM (#44972121)
Time flies, and he’s been on my to-read list for… a while. Need to finally get around to it I guess.
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Re:Margin Debt Surges 9.5% in June to Record High by disgruntledphd2 on Thursday August 21, 2025 @12:00PM (#44974379)
It's very good, to be fair. Even if you disagree with his politics, the data he collected is very illuminating.
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Re:Margin Debt Surges 9.5% in June to Record High by andrepd on Thursday August 21, 2025 @11:58AM (#44974359)
He recently released a book that's kind of an abridged version. Capital in the 21st Century is 800 pages, so I don't blame you!
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Re:Margin Debt Surges 9.5% in June to Record High by marbartolome on Friday August 22, 2025 @10:41AM (#44985258)
What's it called?
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Re:Margin Debt Surges 9.5% in June to Record High by bpt3 on Thursday August 21, 2025 @01:35PM (#44975668)
What is your definition of "independent economist"?

Claiming that even a majority or plurality of economists overall agree with Piketty, who advocates for some wildly unpopular economic policies and is a literal socialist, is absurd, so your group of "independent economists" must be pretty homogeneous and small.

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Re:Margin Debt Surges 9.5% in June to Record High by fergie on Friday August 22, 2025 @02:01AM (#44981443)
Independant economist: one tenured by an independent university as opposed to being employed by a lobby group or think tank to promote a specific agenda.

When even Adam Smith supports the regulation of capital, this can be considered a fairly mainstream position.

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Re:Margin Debt Surges 9.5% in June to Record High by bpt3 on Friday August 22, 2025 @07:58AM (#44983439)
Summarizing Piketty's recommendations as "the regulation of capital" is absurd.

I can point to dozens upon dozens of independent economists (by your definition) that disagree with the use of confiscatory income tax rates and wealth taxes, so I don't know what your argument is here.

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