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Inequality Is Real

There’s been a long and interesting back and forth between economists Alan Reynolds and Paul Krugman over whether the increase in inequality that many have noted is simply a statistical artifact that doesn’t reflect reality. Alan Reynolds argues (unpersuasively) that it is, and Krugman argues it is not. Mark Thoma over at the Economists View has a good run down of the back and forth.

Christopher Hayes is the Washington, D.C. Editor of The Nation.

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