Summers has the best Piketty review: http://www.democracyjournal.org/32/the-inequality-puzzle.php?page=1 …
@patrickc really great review. I find his savings vs consumptions rate argument more convincing though...
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@patrickc ...it seems like there's an extremely important subclass of investment that has improving returns with scale. rare, requires skill -
@patrickc ...like anti-diminishing returns with scale. it is not common but i think it will be a key driving force in inequality - 1 more reply
New conversation -
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