This is how Piketty 2014 described recent wealth inequality trends in the UK. His own cited source (HMRC series C) put the Top 1 & 10% at 21 and 54 percent respectively in its most recent available year. How is this even remotely defensible? He's off by 5-15 percentage points. pic.twitter.com/JC3LwJaoAp
— Phil Magness (@PhilWMagness) December 24, 2017