How Harry Potter Explains Modern Inequality

Tyler Cowen makes what should be an obvious point:

In a winner-take all economy ... small differences in skills can
mean large differences in returns and we have moved towards a winner
take-all economy because technology has increased the size of the
market that can be served by a single person or firm.





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Tyler Cowen - Economy - Technology - Economic - United States

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Published on September 13, 2010 15:17
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