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Monday, October 1, 2018

FOR KRUGMAN THE LONG RUN ONLY GOES BACK TO 2007

What about Piketty's thesis about expanding inequality, going back 200 years or so?

Is that a false long run, a non run?

What?

Prospects for whom?

The global average or median income worker, who makes between 300 and 1200, depending on whom you believe, but either way it is low by Western standards? Are his prospects now lower, since 2007?

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