Well written, easy to read.
And this is just a small fraction consistently overlooked by Piketty:
This isn't a bad book, and well worth reading, although again I'm afraid Mr. Piketty is something of a lightweight, as his depth of knowledge in international finance plagues his lack of depth in economics, sorry to say.
Example: In his chapter, Lessons for the Tax System, Piketty states: // . . . Bill Gates, who has given most of his fortune to foundations. \\
Well, not really, guy, Gates moved his fortune to foundations for two or three VERY IMPORTANT SELF-SERVING reasons: (1) pays far less in taxes, and in some cases avoids all taxes; (2) his stocks therefore become exempt from hostile takeovers; and, (3) hides further and new ownership by doing this.
Piketty is the real deal [unlike the poseur, Paul Krugman, the lobbyist for the central bankers], he simply is lacking in certain knowledge respects. [Just as in Piketty's book, Capital in the Twenty-First Century - - a good book, but he would have made a far more damning case had he not limited his research to ONLY payroll income tax forms, but expanded it to capital gains tax, et cetera, and thereby dramatically expanding his data field.]
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