A Parable for Thomas Piketty

By Ari Armstrong

As complex and difficult as economics can be, I’m always looking for ways to grasp and integrate the principles of the science in simplified and memorable terms. Toward that end, while reading Richard Salsman’s clarifying analysis of Thomas Piketty’s Capital (“Piketty’s Rickety Assault on Capital,” TOS Spring 2015), I began thinking about Piketty’s cent…