![]() ![]() Using a method to meta-analyze data from genetically-correlated traits, we identify an additional 120 income-associated loci. In a sample of 286,301 participants from UK Biobank, we identify 30 (29 previously unreported) independent-loci associated with income. Socioeconomic position (SEP) is a multi-dimensional construct reflecting (and influencing) multiple socio-cultural, physical, and environmental factors. ![]() Piketty's book provides a wealth of useful information, but it is also a prominent example for the inability of mainstream economics and social science to explain existing inequalities and to guide policies aimed at minimizing them. ![]() Although he advocates for inequality-reducing policies, he presents no coherent rationale to justify such an endeavor nor does he consider the individual differences in ability and personality that every effort at reducing inequality has to face. His neglect of psychology and biology leaves his treatment of ideology shallow and unenlightening. ![]() Piketty recognizes that ideology is causally effective rather than mere superstructure, and that it has driven in large part the political and economic developments that he describes. Like the earlier book, Capital and Ideology offers descriptions of historical developments that are sound, relevant and enlightening, and most of his policy proposals are commendable. Piketty's new book is a sequel to his 2014 bestseller The Capital in the 21 st Century. ![]()
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