Brink Lindsey is Vice President and Director of the Open Society Project at the Niskanen Center. He is the author of, most recently, The Age of Abundance and Human Capitalism.
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For years, America has been plagued by slow economic growth and increasing inequality. Yet economists have long taught that there is a tradeoff between equity and efficiency—that is, between making a bigger pie and dividing it more fairly. That is w... SEE MORE