Inequality and Its Perils

I just stumbled across this piece by Jonathan Rauch at NationalJournal.com: Inequality and Its Perils. He points to evidence that we’ve been digging into at CAP about the relationship between inequality and growth. What I thought was especially interesting is the growing sense that this is a new field of inquiry in economics:

“The debate for many years looked settled,” said Robert Shapiro, an economist with Sonecon, a Washington consulting firm. “Changes in the economy and changes in the data have reopened the debate.”

 

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