After alerting the Western world to the alarming rise of inequality, Thomas Piketty, a French professor (directeur d'etudes) at the Ecole des Hautes Etudes en Sciences Sociales (EHESS), Associate Chair at the Paris School of Economics and Centennial Professor at the International Inequalities Institute, has turned his attention to Russia. To someone who has lived through Russia's transition from communism to crony capitalism, his take on that transition reveals deep flaws in his overall methodology -- but some of his conclusions should have important implications for Western policy ...
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