More or Less: Behind the Stats - WS MoreOrLess: The Piketty Affair

Did 'rock-star' French economist Thomas Piketty get his numbers wrong? His theories about rising inequality and the increasing importance of capital have been the talk of the economic and political worlds this year. And part of their power has been the massive amount of data Piketty has brought together to back them. But the Financial Times claims to have found significant problems with Piketty's data on wealth. Tim Harford examines the FT's claims and Thomas Piketty's response. This programme was first broadcast on the BBC World Service.

More or Less: Behind the Stats - The Piketty Affair

Did 'rock-star' French economist Thomas Piketty get his numbers wrong? His theories about rising inequality and the increasing importance of capital have been the talk of the economic and political worlds this year. And part of their appeal has been the massive amount of data Piketty has brought together to back them. But the Financial Times claims to have found significant problems with Piketty's data on wealth, and says this undermines his claims about rising inequality. Tim Harford examines the FT's claims and Thomas Piketty's response. Plus: is as much land given over to golf courses as housing in England; is racism on the rise in Britain; and should we be concerned that several young men who have died recently were players of the video game Call of Duty?

More or Less: Behind the Stats - WS MoreOrLess: Risk Savvy

A famous probability puzzle is discussed involving goats and game shows with German psychologist Gerd Gigerenzer. Is he right to suggest in his new book 'Risk Savvy' that we really don't understand risk and uncertainty? And More or Less listeners weigh in on a problem from last week?s programme - how old will you be before you're guaranteed to celebrate a major, round-number birthday (like 40 or 50) on a weekend?