Meet the 26-year-old who’s taking on Thomas Piketty’s ominous warnings about inequality

…  Rognlie, however, wrote in his blog post that the French economist’s argument “misses a subtle but absolutely crucial point.” Piketty, he said, might have got the pattern in reverse. Instead of the returns to capital increasing in perpetuity, Rognlie said, they might be poised to decline.

With that quick post, Rognlie was challenging the most politically earthshaking prediction about inequality and the economy in recent memory. LINK

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