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The 4% non-solution

For some time now, there has been concern that central bankers have “run out of bullets”. Having lowered their policy rates to near zero, they have engaged in increasingly extravagant measures such as ...More

EJ Insight2014-06-06

Where is the inequality problem?

Reading Thomas Piketty’s influential new book, Capital in the Twenty-First Century, one might conclude that the world has not been this unequal since the days of robber barons and kings. That is odd, ...More

EJ Insight2014-05-15

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