Plenty of economists now believe that without massive government intervention, capitalism has prohibitive social costs.
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Government is the natural check on unrestrained capitalism. The current trouble is the corporate capture of the political process
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lol, no, it's Stephen Marglin. Chetty's shtick is all conventional econ, just with "big data" methodology. There is nothing heterodox or radical to his approach, which is no minor part of why it gets all the praise it does.
End of conversation
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