Category Archives: economics

Capital in the Twenty-First Century

There has been much attention given to Thomas Piketty’s recent book, Capital in the Twenty-First Century. I haven’t finished reading it myself, but its combination of economics and history make it worth examining, regardless of the author’s personal opinions. My own reading of it is, contrary to the opinions of some, not an endorsement of Marxist redistribution. In my view, the book argues that we as a civilization have been encouraging the wrong sorts of private investments.

Continue reading