In this July 11, 2012 file photo, Occupy Wall Street protestors walk past the New York Stock Exchange in New York. Frank Franklin II/AP Photo.

Thomas Piketty is still wrong

A powerful rebuke to Piketty’s work is in a new study, The Myth of American Inequality: How the Government Biases Policy Debate, which makes a strong case that everything we know about income inequality and poverty in the U.S. is wrong.