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A ‘Buyback’ for Our Future?

A ‘Buyback’ for Our Future?

People who are trying to do good — with a Green New Deal, for instance, or Medicare for All — regularly find themselves confronting a simple and sometimes sneering gotcha question: So where’s the money coming from? How about we start putting this same simple question...

Moneyball in a Deeply Unequal Age

Since 1871, over 19,000 athletes have played baseball at the major league level. Not one of them has played the game any better, most experts today agree, than the 27-year-old outfielder Mike Trout. Trout’s other-worldly talent now has a price-tag. Trout has just...

Putting Billionaires in Their Place

America’s billionaires have suddenly realized they just may be facing an existential crisis. A good chunk of the American people, they now understand, would rather billionaires not exist. Every billionaire, as a key aide of Rep. Alexandria Ocasio-Cortez has famously...

Have the Rich Always Laughed at Stiff Taxes?

The guardians of our conventional wisdom on taxing the rich have messed up — and they know it. They slacked off. They started believing their own tripe. Average Americans, they assumed, would never ever smile on proposals to raise tax rates on the richest among us....

Egalitarians Gain Ground in Washington

If you worry about inequality, and if you want an end to grand — and dangerous — concentrations of income and wealth, pinch yourself. We have entered a new political moment. Egalitarians have suddenly seized the policy momentum. They have forced onto the nation’s...

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