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Allison Schrager: Bidenomics Won’t Cure Inequality. It May Prolong It.


The benefits of new technology will slowly spread throughout the economy, even without government intervention.Is inequality turning around on its own? A Biden administration official recently described the philosophy of Bidenomics as caring less about the growth rate of the economy than about growth being widely shared. The need for

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Posted: July 7, 2023 Friday 07:00 AM