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redistribution. Baumol's cost disease, Wagner's law, and population ageing are often said to bring challenges for the future …
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Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job destruction, systemic risks, and greater income inequality. Current social policies may not be adequate for achieving the goals of redistributing the gains from automation and...
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requires little redistribution. But reducing inequality and alleviating poverty do require redistribution. To reduce inequality … redistribute large amounts of income without noticeably reducing inequality, others reduce inequality with less redistribution and …
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