NEWS + ANALYSIS
ANTHONY DE JASAY

NEWS + ANALYSIS

CAPITAL, PIKETTY’S OGRE

April 22, 2015 | by Anthony de Jasay

The people gathered to see the emperor, who had magnificent new clothes and would show them off presently. The palace grounds were packed full of courtiers and the simply curious, waiting excitedly. The door opened and the emperor stepped out. Although he was stark naked, the public was breathless with admiration and oohs and ahs. Only a little boy was unimpressed. “But the Emperor has no clothes!” he declared.

READ MORE