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Lots of new inequality statistics from the World Bank's PIP on Our World in Data: Inequality statistics are heavily contested and rightly so, but read the right way, they still have some use.
keep reading — 1 min ↗keep reading — 3 min ↗This deterioration in the practice of politics can be attributed to many causes. One of the most important may be found in the deterioration in how economics is practiced. Economics is often described as a scientific discipline, which studies “if-then” propositions without reference to morals and values. But scientific findings do affect our values and normative judgments, and claims of “scientific objectivity” can be used to…