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Is It Just Not Fair? Do The Rich Just Get Richer? by The Elephant's Child

January 7, 2020, 8:36 pm
Filed under: Capitalism, Domestic Policy, Economics, Economy, Free Markets, Freedom, Media Bias, Politics, Taxes | Tags: Skewing the Results, Who Succeeds?, The Numbers Game

Journalists write about studies, and suggest that life is just not fair for ordinary folk, that only the rich get richer, and the rest of us suffer. Is that true? Here’s economist Russ Roberts, a fellow at the Hoover Institution who explains the real numbers, and why its so confusing.

Here’s how it really works.

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