Big names in the economics world have missed out. Thomas Piketty, the French economist, has just published his follow-up to the bestselling Capital. Titled Capital and Ideology, it expands on the themes of the first book. Sales of Capital topped 2m copies but have not put him in the running, possibly because at 48 he is too young to have built up enough citations among economists.
Thomas Sowell, 89, has the track record and another bestselling book under his belt, but fails to make the cut. Sowell is a senior fellow at the Hoover institution, Stanford University, and his brand of laissez-faire, anti-government economics is at the opposite end of the spectrum to the leftwing Piketty.
Err, no, don’t think so. Only a few hours to find out but I really seriously doubt either of them.
Especially Piketty. As part of the process of waiting a bit is not so that the citations can build up, rather to see if anyone shoots own the hypothesis. Which ,given that most of Piketty’s data is wrong is likely to happen.