Mr. Piketty and the “Neoclassics”: A Suggested Interpretation

J. Bradford DeLong

National Tax Journal, 2015, vol. 68, issue 2, 393-408

Abstract: This essay is an attempt to build a bridge between Thomas Piketty’s arguments in Capital in the Twenty-First Century and modern neoclassical economics. This is done by deconstructing the variables and mathematical expressions used by Piketty to define specific economic phenomenon, examining the historical periods that Piketty has focused on in Capital, and using the results from the previous analyses to critique Piketty’s arguments in Capital in the Twenty-First Century within a modern neoclassical economics framework.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:68:y:2015:i:2:p:393-408

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