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Comment on ‘No Empirical Evidence’ for Thomas Piketty’s Inequality Theory

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I'm not terribly surprised to find Mr. Goes has worked with the Cato Institute, one of a network of hundreds of policy think tanks worldwide under the Atlas Network and strongly tied to the Mont Pelerin Society with a very specific ideological agenda. Though it's curious Mr. Talley's brief note fails to mention those bona fides. Collectively, these institutions have been on the far side from truth on debates over tobacco, asbestos, leaded petrol and paint, the ozone hole, and now global warming.

This isn't to say that Mr. Goes' analysis is flawed, I've yet to look at it. But the glee with which it's being picked up by the Murdoch/Newscorp WSJ, and from a quick bit of DDGing, numerous bloggers and commentators, suggests a wee bit of bias could be present. The lack of substantive description of the study by Talley doesn't suggest much of strength either.

Certainly other IMF and World Bank economists have found Piketty credible.

http://carlosgoes.com/resume/

https://www.atlasnetwork.org/partners/global-directory

https://www.atlasnetwork.org/partners/global-directory/cato-...

https://www.atlasnetwork.org/partners/global-directory/mont-...

https://www.worldcat.org/title/road-from-mont-pelerin-the-ma...

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