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"The FT Isn't Just Saying Piketty Made A Mistake — It's Saying He Manipulated Data."

Piketty sounds like a Global Warming climate scientist.

1 posted on 05/23/2014 4:31:00 PM PDT by PJ-Comix
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To: PJ-Comix
... when writing an article on the distribution of wealth in the UK, I noticed a serious discrepancy between the contemporary concentration of wealth described in Capital in the 21st Century and that reported in the official UK statistics. Professor Piketty cited a figure showing the top 10 per cent of British people held 71 per cent of total national wealth. The Office for National Statistics latest Wealth and Assets Survey put the figure at only 44 per cent.
2 posted on 05/23/2014 4:42:07 PM PDT by PJ-Comix (Boko Haram was enabled by Buku Huma)
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To: PJ-Comix
why is ambition inequality never mentioned???
3 posted on 05/23/2014 4:42:44 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: PJ-Comix

A leftist communist lies to support progressivism. Shocking!


6 posted on 05/23/2014 4:44:37 PM PDT by Organic Panic
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To: PJ-Comix
The basic premise of what Piketty believes is wrong. Arguing about everything else is just window dressing.

Ann Coulter once said something along the lines that we let liberals get away with basic lies, and then the liberals build a giant edifice on top of that faulty foundation, and conservatives end up uselessly attacking the edifice.

9 posted on 05/23/2014 4:49:26 PM PDT by rlmorel ("A nation, despicable by its weakness, forfeits even the privilege of being neutral." A. Hamilton)
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To: PJ-Comix

All Piketty proved was that crony-capitalist, government-over-regulated-and-manipulated industries, especially banking and finance - increasingly benefit the insiders vs. the rest of the public.

No sh** sherlock!


10 posted on 05/23/2014 4:52:26 PM PDT by PGR88
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To: PJ-Comix

Like Michael Bellesiles’ “Arming America,” an anti-gun screed about the history of gun ownership, replete with made up statistics. When an academic review panel demanded his raw research & data, he claimed it had been accidentally destroyed. Complete fraud. Bancroft Prize for history the @-ho!e had been given was taken away.

For leftists, believing is seeing. They are so wonderfully intelligent that just thinking something is true makes it so. Making up “facts” to support their hypotheses is OK (see: IPCC & AGW/CC). Yes, Dan Rather, fake but accurate.


11 posted on 05/23/2014 4:56:36 PM PDT by twister881
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To: PJ-Comix

If the left *really* believes income inequality is a major problem, then why do they love policies that exacerbate it? E.g., those redistributionist policies that end up with everyone poor except for the political class elites?

If they were honest about wanting to minimize poverty, they wouldn’t support any policy—like welfare—that decreases incentives to better oneself.


12 posted on 05/23/2014 5:24:52 PM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: PJ-Comix

The left like robert Reich and Paul Krugman were drooling over him two weeks ago saying how correct an brilliant he was.


13 posted on 05/23/2014 6:51:41 PM PDT by ncfool (Hilary 2016 Procol Harum or Boko Haram. What difference does it make?)
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