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| Home Front: Politix |
| The Obama Rosetta Stone |
| 2009-03-12 |
| "Either you know instantly what "Piketty and Saez" means, or you don't. If you do, you spent the past two years working to get Barack Obama into the White House. If you don't, their posse has a six-week head start on you. Thomas Piketty and Emmanuel Saez, French economists, are rock stars of the intellectual left. Their specialty is "earnings inequality" and "wealth concentration."" more at link...know your enemy.... |
| Posted by:Uncle Phester |
| #1 Why is it people who should know better confuse wealth and income. Most people, including most economists would agree taxing wealth is better than taxing income, but taxing wealth is too difficult and produces too many perverse outcomes, so they tax income instead. |
| Posted by: phil_b 2009-03-12 21:03 |