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The Daily Piketty: May 30, 2014

Simon Wren-Lewis: mainly macro: What the Financial Times got (very) wrong
Thomas Piketty: Factual response to FT’s fact checking
Paul Krugman: Thomas Doubting Refuted
Matt O’Brien: Piketty’s ‘errors’ aren’t mistakes: They’re questions, and he answered them
John Quiggin: Piketty nitpicking: don’t rush to discard his case
John Quiggin: How Thomas Piketty found a mass audience, and what it means for public policy

I still do not understand what Chris Giles of the Financial Times thinks he is doing here…

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The Daily Piketty: May 30, 2014

May 30, 2014

May 30, 2014

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon