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2024-10-04 08:52:13

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Open Graph

title

If You Can Keep It

description

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.--F.A. Hayek

image

site name

author

updated

2026-02-16 03:42:19

raw text

If You Can Keep It If You Can Keep It "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--F.A. Hayek "> 27 June 2014 Assuming One's Conclusions Greg Mankiw had a piece recently in the New York Times regarding the hot, hot topic of capital accumulation over time--the subject of Thomas Piketty's new book, Capital in the Twenty-First Century . Mankiw's piece makes some good points, although I am biased ( his text was the one we used in my macro class and it is brilliant). I haven't read Piketty's book yet.  I will be finished my classes soon and I will have a month to knock it out.  I have been reading some of the reviews and saving others.  Few econ books engender the amount of discussion of Piketty's book, so I am looking forward to it, even if he is channeling Marx's spirit. Shortly after Mankiw's piece runs, Paul Krugman weighs in on the topic . First, I have to say that one of the thin...

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