Tag: revolving door
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Passing the Buck: Why We Pay More But Make Less Part 12: The Bipartisan Consensus
Part 12 of Passing the Buck, a 15-part series on why we make less but pay more. The previous installment looked at where the money goes. This one looks at why the political system has not redirected it, which is a question I find harder to answer in a tidy way than the structural-economics questions…
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Passing the Buck: Why We Pay More But Make Less Part 11: Who Profits?
Part 11 of Passing the Buck, a 15-part series on why we make less but pay more. The ten installments before this one traced where the money goes — the categories where household spending has grown, the mechanisms by which it has grown, and the structural reasons for the growth. This one is about who…
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