Full post here with a link to a review.
If you’re a non-economist like me, this can take more time to understand:
‘Overall, the main argument is based on two (false) claims. First, that capital returns will be high and non-diminishing, relative to other factors, and sufficiently certain to support the r > g story as a dominant account of economic history looking forward. Second, that this can happen without significant increases in real wages.’
Click through for more.