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Inequality is bad for the economy

Written by: on 23 April, 2014
Filed under Economy /

High inequality is failing us morally, socially and economically. It corrupts us by making money the centrepiece of existence. It divides citizens by ensconcing them in separate social worlds. And all this inequality doesn’t even help the economy grow. A new study, “Taxation and the Allocation of Talent”, from the US, argues that higher tax rates [...]