Capital in the Twenty First-Century suffers from erroneous assumptions about the burden of government borrowing and the rise in managerial productivity. These shortcomings reflect a larger, overarching failure in the book: its paucity of microeconomic analysis.
Donald J. Boudreaux is a Research Fellow at the Independent Institute, Associate Editor of The Independent Review, and Professor of Economics at George Mason University.
Economic History and DevelopmentEconomic PolicyEconomyFederal Budget PolicyFree Market EconomicsTaxes and Budget
Other Independent Review articles by Donald J. Boudreaux
Fall 2021 Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace
Spring 2020 Today’s Relevance of Adam Smith’s Wealth of Nations
Winter 2014/15 Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge and Change
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