I suspect most of us were skeptical, if in a less defined way, of his entire theory. It is not only counter-intuitive, it flies in the face of hundreds of years of actual experience.

And it was all smoke. Milton Friedman won the Nobel Prize for proving statistically for the first time the basic premise that “when you tax something, you get less of it; when you subsidize something, you get more of it,” which might seem a self-evident proposition, but you would never convince a Democrat of that.

You can’t beat math, and you can’t change human nature to suit your preferred paradigm. But if you bullshit your way through trying, you will become a shooting star on the left.

(You say the Frenchman Piketty has made for himself a hockey stick? My God!)

Heh, cherry picked is right!

Wait til they get to post-modern aeronautical engineering…!!!

OR post-modern medicine.

I should write a book!

Throw away this meme and another will sprout. Why? Because human nature and economic laws cause the Prog/Lib theories of running the economy to crash. Plus their incompetence. At which point the only plan you have is to take stuff away from people who still have anything after their man-made disasters push masses of people into poverty.