Monday, December 16, 2013

"The best argument for putting inequality on the back burner is the depressed state of the economy."

Concedes Krugman. "Isn’t it more important to restore economic growth than to worry about how the gains from growth are distributed?"

Of course, his answer is: "No." Or, to be precise (and to capture the Krugman condescension): "Well, no."

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