Wednesday, May 28, 2014

Be Skeptical of Both Piketty And His Skeptics | FiveThirtyEight

Final paragraph of a Nate Silver reality check

"The closest thing to a solution is to remain appropriately skeptical, perhaps especially when the research finding is agreeable to you. A lot of apparently damning critiques prove to be less so when you assume from the start that data analysis and empirical research, like other forms of intellectual endeavor, are not free from human error. Nonetheless, once the dust settles, it seems likely that both Piketty and Giles will have moved us toward an improved understanding of wealth inequality and its implications."
Be Skeptical of Both Piketty And His Skeptics | FiveThirtyEight
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