Daron Acemoglu on Inequality, Institutions, and Piketty
EconTalk
00:00
Mark's Predictions Did Not Turn Out So Well, Why Not?
Mark's predictions didn't turn out so well. Why not? They did not. And i think, you know, the first one we know best is that marks was totally offtar when he was writing. He does sometimes talk about real wages being stanedar stagnant and all improvements in output and productivity go to capital.
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