Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
One problem is that it can be circular thinking. Was there too little investment opportunities over 5% return? Because if some capital is not invested, then surely that should bring down the average rate of return.

Could it be that Piketty's historical rates are the ones that were invested, while much capital actually stayed idle without appearing on the radar?

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Thu May 22nd, 2014 at 10:28:15 AM EST
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