How to go bankrupt and be loved by the many –Piketty’s equals

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William
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How to go bankrupt and be loved by the many –Piketty’s equals

Post by William » Mon Oct 22, 2018 1:38 am

Inequality and Inequality, Chapter from Skin in the Game:

https://medium.com/incerto/inequality-a ... f00bc0cb46


Is it just me, or does this have a bit of a Schumpeter type ring to it in his thoughts on how Capitalism undermines itself?
I have come to feel strongly that the greatest service I can still render to my fellow men would be that I could make the speakers and writers among them thoroughly ashamed ever again to employ the term 'social justice'.
F.A Hayek

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Physiocrat
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Re: How to go bankrupt and be loved by the many –Piketty’s equals

Post by Physiocrat » Tue Oct 23, 2018 3:06 pm

William wrote:
Mon Oct 22, 2018 1:38 am
Inequality and Inequality, Chapter from Skin in the Game:

https://medium.com/incerto/inequality-a ... f00bc0cb46


Is it just me, or does this have a bit of a Schumpeter type ring to it in his thoughts on how Capitalism undermines itself?
To some extent yes. Now you mention Schumpeter it is a little creative destructiony.

I haven't read much Taleb. He's somewhat insightful and entertaining however he really can come across as arrogant despite his complaint of that accusation in the chapter. Other authors don't understand their numbers properly but I schooled them on it. It's possibly my less than exceptional Maths knowledge that puts me off here but his claim of true mathematical knowledge is off putting. His work may well be as good as he claims but I don't think he's describing his own work as best as he could.
The atoms tell the atoms so, for I never was or will but atoms forevermore be.

Yours sincerely,

Physiocrat

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