Paul Krugman: Notes on Piketty: “Piketty’s big idea is that we are in the early stages of returning to a society dominated by great dynastic fortunes, by inherited wealth. And he has an analytic argument to back up that idea…. Imagine a wealthy family that has managed, somehow or other, to guarantee that a large … Continue reading Afternoon Must-Read: Paul Krugman: Notes on Piketty’s “Capital in the Twenty-First Century”