Inequality and Growth: Patterns and Policy Volume I: Concepts and Analysis / edited by Kaushik Basu, Joseph E. Stiglitz.
It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality contin...
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