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Salvatore Babones


Who Won in the Fiscal Cliff Deal?

January 2, 2013 /

by Salvatore Babones


Who won in the fiscal cliff deal? The lawyers won. Well, not just the lawyers. The lawyers, the doctors, the dentists, the middle managers, the advertising executives, the whole MBA...

Government Keeps Us Rich

December 30, 2012 /

by Salvatore Babones


For decades neoclassical economists have asserted the inevitable logic of international convergence. Excess investment flows from rich countries to poor countries while excess labor flows from poor countries to rich...

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