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The Economist on Piketty May 6, 2014

Posted by Tomboktu in Books, Capitalism, Economics, Inequality, Journalism, Marxism, Taxation Policy, The political discourse, The Right.
55 comments

I bought the Economist because the cover said it has an article about Piketty. (Reading articles about his book, Capital in the Twenty-first Century, is quicker than reading the book!)

The headline on the actual article is weird: “Bigger than Marx”. That is true neither of the physical heft of the book nor, if everything I have read about it so far is valid, of the contents.

And then the content of the Economist’s review: 13 paragraphs: two are neutral; four approving; seven critical of the book. The Economist cites five critics of his thesis or aspects of it and zero supporters.

Not that I’m terribly surprised at their overall view, but they might have been subtler. Or maybe I should applaud their transparency.

And in today’s news August 29, 2013

Posted by Tomboktu in Complete nonsense, Economy, Ireland, Journalism.
1 comment so far

At 11.50 today, breakingnews.ie has a telling juxtaposition with its top three news items in Ireland. The headlines were, in order

(1) Jobless total down 22,000

(2) Emigration figures continue to rise

(3) 30 new jobs in Kerry as discount retailer announces new store.

When you opened story (2), it revealed that the number who had emigrated was 89,000.

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