Thomas Edsall devoted his blogpost today to a several economists who claim that the upward redistribution we have seen over the last three decades is a result of revolutions in technology and that it will be difficult to reverse this development. In fact much of this economic analysis is quite sloppy and it is easy to show that many of the factors leading to upward redistribution had nothing to do with technology.
For example, the post features a graph that shows for the first time a sustaine...
Published on July 09, 2012 02:16