Monday, August 3, 2009

Night of August 4

It's not every economist who knows his history, but Thomas Piketty remembers the night of August 4, when French revolutionaries abolished the "privileges" of the Old Regime. He seizes on the occasion--this is the eve of Aug. 4--to enumerate some of the privileges inherent in today's tax system and to insist on their abolition.


the fly in the web said...

Let this be a lesson to me to read your posts before I blog.
I could and should have included Picketty's points in my post.
You provide a super intelligence service, thank you.

alexpri said...

A minor technical point: the link to Piketty's article is to the subscriber's version of Le monde; if you're not a subscriber, the link doesn't work. The only way to make it work is to manually change "abonnes.lemonde..." to "www.lemonde..." The "www" address also works fine for those who are in fact subscribed and is therefore the preferred way to link Le monde.

Arthur Goldhammer said...

Yes, I normally change it to www., but sometimes I forget.