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Thomas Piketty captured something essential in the post-Lehman mood with his study of income and wealth differentials in the developed world. More’s the pity that his policy recommendations are misguided, in part because he missed the worst kind of inequality. During periods of economic crisis and slow growth, concerns ab...
Dr. Emmanuel Martin
Prime Minister Matteo Renzi promised to turn Italy inside out, jump-start economic growth and reduce unemployment. But during almost two years in office, he has introduced only one significant economic reform, the so-called “Jobs Act.” The outcome has been mixed, and certainly below expectations. This does not mean Mr. Renzi is on the wrong track. ...
Professor Enrico Colombatto