Inequality and Growth: Patterns and Policy Volume II: Regions and Regularities / 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 conti...
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