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The Inequality Debate
Should America Still Believe in Free Markets?

Americans of all stripes are losing faith in free markets. To understand why, we can’t just look at wealth inequality—the distribution of human capital is even more important.

Published on: July 6, 2020
Karthik Ramanna is Professor of Business and Public Policy at the University of Oxford. He thanks Jon Cell, James Morone, and especially Timon Forster for help on this piece.
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