Thomas Piketty's Model of Inequality and Growth in Historical Context (Part II)
Category: BUSINESS
Critics have torn into Piketty's model. In my view, Piketty's and Solow's models are both fundamentally flawed in that they rest on the same ahistorical, apolitical, two-factor neoclassical foundation.
By Mary Manning Cleveland, ContributorAdjunct Professor of Environmental Economics, Columbia University, 2014-07-24