“Thomas Piketty’s Capital in the 21st Century has been at the center of the economic conversation this year, raising questions about inequality and what to do about it. While disagreements over his conclusions abounded, nearly everyone agreed that collecting the historic data underlying the work was an important accomplishment. Now, the Financial Times’ Chris Giles reports errors and strange practices in Piketty’s spreadsheets. Piketty collected historical data from numerous wealthy countries to assemble his accounting of centuries worth of national wealth. Giles, examining his spreadsheets, finds transcription errors, adjustments that don’t add up, and unexplained assumptions.”
http://news.msn.com/are-there-major-mistakes-in-the-bombshell-economics-book-of-the-year
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