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Rising Inequality: Not All Bad News

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296 Rising Inequality: Not All Bad News

May 16, 2014

Worker at small parts manufacturing plant in China. Growth in emerging markets like China has been “pro-egalitarian”, says Cowen (photo: Mick Ryan/Corbis).

News of rising inequality is, more often than not, met with much handwringing. But, the growing gap between the super rich and the rest has also been accompanied by the lifting of millions out of poverty.

Tyler Cowen, Professor of economics, George Mason University

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