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SUTCH: Lesson Learned from Replicating Piketty — How Not To Do Economic History

[NOTE: This post refers to the article “The One Percent across Two Centuries: A Replication of Thomas Piketty’s Data on the Concentration of Wealth in the United States” by Richard Sutch. It appears in the current issue of the journal Social…

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Replicating Piketty’s “Capital in the Twenty-First Century”

 [From the blog post “Is Piketty’s Data Reliable?” by Alex Tabarrok at Marginal Revolution] “When Thomas Piketty’s Capital in the Twenty-First Century first appeared many economists demurred on the theory but heaped praise on the empirical work. “Even if none of Piketty’s theories stands…

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