The Thuckmeister’s been a bit quiet these days. He’s taking it in the teeth on at least two fronts.
First, the Common Core standards pushed by John Huppenthal, whom Thucky worships and adores, are not holding up to public scrutiny. This is not my area, I’ll readily admit, but check out this post at Salon: Common Core propaganda fails: Well-financed education “reformers” fight common sense.
Second, his other heroes, Richard Rogerson and Edward Prescott, remain in near total obscurity, while Thomas Piketty, whom ole Thuckenheimer labeled a fraud, is becoming a household name. Piketty’s book, Capital in the Twenty-First Century, is at the top of the best seller lists. It’s out of stock at Amazon.
And it’s awesome. I’m about halfway through. Piketty is only in his early 40′s, yet he’s amassed an unimaginable knowledge base. It’s not only the data he’s compiled, which even those on the right acknowledge is unprecedented. Piketty supplements and supports that data with information about life in 18th and 19th century France and Britain drawn from a seemingly encyclopedic knowledge of literature. He then applies impeccable analysis and logical thinking to that information base, to give a crystal clear view of where we are and where we may be headed.
And, yes, it validates pretty much everything I’ve been saying on these pages. Continue reading