Thomas Picketty’s arguments about massive inequality in the US and Europe has received some support from World Bank researchers, Christoph Lakner and Milanovic Branko, who argue that inequality in rich countries has worsened significantly since 1988; although poorer Asian countries have fared much better.MacroBusiness
Picketty is right about inequality
Leith van Onsele
(h/t Yves Smith at Naked Capitalism)
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