May 30, 2014
The opinion pages, economic journals and liberal websites are atwitter (a-Twitter?) these days over French economist Thomas Piketty's "Capital in the Twenty-First Century." Left-wingers cite Piketty's statistics showing growing wealth inequality -- though some have been challenged by the Financial Times -- in support of Piketty's policy response, huge taxes on high incomes and accumulated wealth.
One suspects that many of his fans have another agenda in mind. They'd like to gull a majority of the 99 percent to vote for parties that would put their friends in control of an engorged state apparatus.
Michael Barone, senior political analyst at the Washington Examiner, (www.washingtonexaminer.com), where this article first appeared, is a resident fellow at the American Enterprise Institute, a Fox News Channel contributor and a co-author of The Almanac of American Politics. To find out more about Michael Barone, and read features by other Creators writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.
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