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Acute economic and social issues are not high on the agenda of academic economics.
Keynes’s keynote book, “The General Theory”, is loaded with economic theory. There are only two pages of data in that book, and Keynes dismisses the scant data he cites as “improbable.”
Thomas Piketty, a 42-year-old economist from French academe has written a hot new book: Capital in the Twenty-First Century.
