The long read: The economic arguments adopted by Britain and the US in the 1980s led to vastly increased inequality – and gave the false impression that this outcome was not only inevitable, but good
Via Graham Watson
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Graham Watson's curator insight,
November 15, 2017 3:17 AM
More excellence from Marginal Revolution University - this team you're invited to meet the monetarists, starting with its 'eminence grise' - Milton Friedman.
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Excellent Long Read in the Guardian about 1980s economics - the monetarist revolution - and its implications for inequality. It could equally have been put on the Economic Method section of the board but it is a must-read, particularly for any prospective PPE-ists.