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Thursday 5th May

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Are There Major Mistakes In The Bombshell Economics Book Of The Year?

Posted at 8:02AM Saturday 24 May 2014

Thomas Piketty's Capital in the 21st Century has been at the center of the economic conversation this year, raising questions about inequality and what to do about it. While disagreements over his conclusions abounded, nearly everyone agreed that collecting the historic data underlying the work was an important accomplishment.

Now, the Financial Times' Chris Giles reports errors and strange practices in Piketty's spreadsheets, akin to the errors found in a similarly conversation-defining publication, Carmen Reinhardt and Ken Rogoff's working paper "Growth in a Time of Debt".

Quartz

FT

Guardian

Business Economics Thomas Piketty accuses Financial Times of dishonest criticism (Guardian)




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