Despite Thomas Piketty, Voters Reject Economic Redistribution

Despite Thomas Piketty, Voters Reject Economic Redistribution

By Michael Barone - May 30, 2014

Email

 

37

Comments

The opinion pages, economic journals and liberal websites are atwitter (a-Twitter?) these days over French economist Thomas Piketty's "Capital in the Twenty-First Century." Left-wingers cite Piketty's statistics showing growing wealth inequality -- though some have been challenged by the Financial Times -- in support of Piketty's policy response, huge taxes on high incomes and accumulated wealth.

One suspects that many of his fans have another agenda in mind. They'd like to gull a majority of the 99 percent to vote for parties that would put their friends in control of an engorged state apparatus.

Read more: http://www.realclearpolitics.com/articles/2014/05/30/despite_thomas_piketty_voters_reject_economic_redistribution_122798.html#ixzz33DEC8piw 
Follow us: @RCP_Articles on Twitter