> Thomas Picketty did great research in this area.
My understanding of the general consensus of economists on Piketty is that his data collection efforts were great work, but his analysis and interpretation of that data was not particularly excellent. His theories have been substantially criticized by that group.
I’m not really in a position to evaluate the substance of the claims of either side but just want to point out that Piketty’s work isn’t by any means universally acclaimed and it isn’t just shills that have issues with it.
My understanding of the general consensus of economists on Piketty is that his data collection efforts were great work, but his analysis and interpretation of that data was not particularly excellent. His theories have been substantially criticized by that group.
I’m not really in a position to evaluate the substance of the claims of either side but just want to point out that Piketty’s work isn’t by any means universally acclaimed and it isn’t just shills that have issues with it.