Economist Thomas Piketty made headlines earlier this year–and gave comfort to liberals–with a provocative new book predicting permanently-rising inequality and recommending massive wealth transfers.
The problem is, Heritage Foundation economists Curtis Dubay and Salim Furth write in a new report, Piketty’s claims rest on dubious premises. In fact, “almost nothing in Capital in the Twenty-First Century can be usefully applied to policymaking.”
You can use this chart to rebut liberals who use Piketty to defend their claims:
What do you think are the best arguments you use when debating liberals?