Inequality and Its Perils

I just stumbled across this piece by Jonathan Rauch at 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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