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The perennial conviction that those who work hard and play by the rules will be rewarded with a more comfortable present and a stronger future for their children faces assault from just about every direction. That great enemy of democratic capitalism, economic inequality, is real and growing. ↗
Unlike some, I don't claim to hold the mystic key to the future. But judging from past events, it seems to me that those who want to prophesy the imminent end of America's unique global role have a harder case to make than those who think we will limp on for a while, making a mess of things as usual. ↗
I have learned as much in the last three years as in any other comparable period of my life, but with an added realisation of how little over a half century of study one has in fact managed to learn of the whole range of economic policy issues. ↗
