Tag Archive: Inequality

Joseph Stiglitz: Widening the Scope of Economics

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“Markets have clearly not been working the way that their boosters claim. Markets are supposed to be stable, but the global financial crisis showed that they could be very unstable, with devastating consequences.… Continue reading

Surprise! When the rich get richer, taxes go lower

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In this article Dylan Matthews shows that “the share of income in the U.S. held by the top one percent has grown considerably in recent decades”. However, this is not the case in other countries.… Continue reading