Just Asking Questions
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Piketty’s dangerous ‘solution’ to inequality
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May 19, 2024
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World famous progressive economist, Thomas Piketty, who is extremely influential over politicians like Elizabeth Warren, said in a 2014 TED Talk that the best ways to address the alleged problems of 'income inequality' is to create a "global registry of financial assets" so that there can be "global coordination on wealth taxation."
"It's astounding and note the circularity in his argument," says economist, historian, and author Phil Magness. "Every solution is just reaffirmation of [his] premise. And what it basically means is the complete abolition of any sense of financial privacy, of really any aspect of free and open market exchange."
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