Progressive folk hero economist Piketty accused of using flawed data

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http://twitter.com/#!/Matthops82/status/469921893261131776 A book written by French economist Thomas Piketty, “Capital in the Twenty-First Century,” has served as an inspiration to progressives calling for wealth redistribution. However, an analysis by the Financial Times found problems with Piketty’s inequality data: http://twitter.com/#!/ChrisGiles_/status/469905856671543297 The Financial Times found that Piketty’s book uses “cherry-picked” data and contains “a series of errors […]

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