“Piketty’s program is one of unmitigated economic destruction.” Turning Piketty Right Side Up – George Reisman – Mises Daily

Piketty’s program is one of unmitigated economic destruction. America and the world, above all the wage earners of the world, need the abolition of taxes and regulations that stand in the way of capital accumulation and the increase in production. Capital accumulation and more production, not egalitarianism and its absurd theories and programs, are the foundation of rising living standards in general and rising real wages in particular.

via Turning Piketty Right Side Up – George Reisman – Mises Daily.

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