Marc26z on Nostr: r < g Is a 180° turn from Tomas Pickety's famous mathmatical expression in Captial ...
r < g
Is a 180° turn from Tomas Pickety's famous mathmatical expression in Captial On The 21st Century. Pickety argued that wealth inequality was created because
r > g
Before you start calling me a Commie, I did not say I am a Pickety super fan. I am into Austrian economics, but I studied many different schools before I finally found Hazlit.
I never read Capital in the 21st Century, but I was an avid econtalk listener.
If we accept the current financial regime does not view the world through an Auatrian lens, we can see the math behind what I believe is another 4th Turning.
Bessent announced he wants to turn r>g around. He literally means flipping r>g to r<g.👀
https://www.econtalk.org/thomas-piketty-on-inequality-and-capital-in-the-21st-century/https://fountain.fm/episode/3flVKZbpYqhsuu25fODn
Published at
2025-06-10 14:02:27Event JSON
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