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Obama's Top Economist Has Some Problems With Piketty's Book

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BERKELEY, CA - APRIL 23: Economist and author Thomas Piketty prepares to speak to the Department of Economics at the University of California, Berkeley on April 23, 2014 in Berkeley, California. Economist author Thomas Piketty gave a lecture about his best-selling book titled 'Capital in the 21st Century' at UC Berkeley's Department of Economics. (Photo by Justin Sullivan/Getty Images) | Justin Sullivan via Getty Images

The French economist Thomas Piketty’s book on the future of inequality is the buzz of the economics world this season. Now President Obama’s chief economist has weighed in on its thesis, the first time a senior administration official has discussed it in detail.

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