Why a Global Tax on Wealth Won't End Inequality

A review of Thomas Piketty's, Capital in the Twenty-first Century.

From Tyler Cowen, at Foreign Affairs, "Capital Punishment."

PREVIOUSLY: "Bill Moyers and Paul Krugman Use Thomas Piketty's Capital to Attack America's 'Ugliness' and 'Racism'," and "Thomas Piketty and the Renaissance of Collectivist Hatred."