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Krugman on the Occupy Wallstreet reactions
Paul Krugman is a Nobel winner for Economics.
http://www.nytimes.com/2011/10/10/op...nes&emc=tha212 Relevant history note: In the century or so before the French Revolution of 1784, the same disparity of wealth occurred, by the same means: the transfer of tax obligations from the wealthy (ie, the aristocracy) to the middle and lower classes, and the subsidising of the wealthy. Then as now the wealthy believed they were different from other human beings, and deserved their wealth. Wolf/DAD/OPA |
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