Every independent economist has been saying this for the last 10 years- see for example "Capital in the Twenty-First Century", a book written by French economist Thomas Piketty.

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slipperydippery 4 days ago | parent | next [-]

Time flies, and he’s been on my to-read list for… a while. Need to finally get around to it I guess.

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andrepd 4 days ago | parent | next [-]

He recently released a book that's kind of an abridged version. Capital in the 21st Century is 800 pages, so I don't blame you!

	▲	marbartolome 3 days ago \| parent [-]
		What's it called?

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disgruntledphd2 4 days ago | parent | prev [-]

It's very good, to be fair. Even if you disagree with his politics, the data he collected is very illuminating.

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bpt3 4 days ago | parent | prev [-]

What is your definition of "independent economist"?

Claiming that even a majority or plurality of economists overall agree with Piketty, who advocates for some wildly unpopular economic policies and is a literal socialist, is absurd, so your group of "independent economists" must be pretty homogeneous and small.

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fergie 3 days ago | parent [-]

Independant economist: one tenured by an independent university as opposed to being employed by a lobby group or think tank to promote a specific agenda.

When even Adam Smith supports the regulation of capital, this can be considered a fairly mainstream position.

	▲	bpt3 3 days ago \| parent [-]
		Summarizing Piketty's recommendations as "the regulation of capital" is absurd. I can point to dozens upon dozens of independent economists (by your definition) that disagree with the use of confiscatory income tax rates and wealth taxes, so I don't know what your argument is here.