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The thirty-years war -- The puzzling politics of winner-take-all -- The winner-take-all economy -- How the winner-take-all economy was made -- A brief history of Democratic capitalism -- The rise of winner-take-all politics -- The unseen revolution of the 1970s -- The politics of organized...
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The last two decades have seen major economic changes with the Great Recession and Recovery. The present paper aims at investigating how the net worth, wealth portfolio and the wealth distribution, which are related to well-being, have evolved in the United States between 2001 and 2016. The data...
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"Few topics are more certain to generate a lively debate among any group of individuals than the causes and consequences of income inequality. Economists are prone to similar, although more reasoned and empirically based, debates. This book is a curated collection of essays that explore a wide...
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The degree of choice households have over their consumption expenditure is critical in deciding their economic class. Applying our measure to Egyptian household budget surveys, we estimate the population size of the middle class in Egypt and assess their well-being in the period 1995-2011. Our...
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