Thomas Piketty’s “Capital in the Twenty-​First Century” exploded on the scene in mid-​2013, but it’s impact faded quickly. I reviewed last week the widely discussed reasons why Piketty’s book fell from grace, but I also proposed a reason of my own: that Piketty is a naïf.

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  • Issue Quarter Between the Issues
  • Issue Year 2018
In the summer of 2013 a remarkable event occurred in the publishing industry. A challenging, 685-​page economic text written by an obscure French economist and published by an academic press became an overnight best seller.

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading On r > g
Even small children love to hear simple stories about their ancestors, and as children grow into teenagers and then young adults the stories can become more complex and serious. For example, consider Great-​Grandpa Henry Knox’s many shortcomings as a rancher. Or the general klutziness of the Knox men, who are disposed to walk…

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part VII
In the last few posts I’ve spent a lot of time talking about kids who grow up in wealthy families and the issues they face, as well as talking about how virtually all American kids are raised these days. I’ve devoted so much time to these subjects because I want to emphasize the…

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part VI
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