I find this article very interesting, especially within the context of the debate on rebasing and economic growth. Piketty's challenge to economists and economic posturing rings loudly in Nigeria where 'stochastic' theories are forever pursuing painful realities.
The questions therefore are: How does economics come to Nigeria's aid in real time? In what sense can Nigerian economists step into the dark and gloomy penumbra between economic growth and gross inequality in Nigeria? How does economic understanding propel national recovery?
Piketty (and Marx) challenge you, oh Nigerian economists. And you have nowhere to hide!
Adeshina Afolayan
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