My colleague David Brooks asserts that rising inequality is about productivity, not power. People used to say that a lot, but the preponderance of economic analysis has moved the other way, for good reasons 1/https://www.nytimes.com/2020/01/16/opinion/the-bernie-sanders-fallacy.html?action=click&module=Opinion&pgtype=Homepage …
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The blog post was one of the best things I read - I take back my comment. :)
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