Arguments for redistribution rely on the idea that growth benefits only very few people. Research shows that to be untrue. A rising tide still lifts all boats.

Productivity and pay are linked – A rising tide still lifts all boats – American Experiment

Possibly the main debate in economic policy today is growth vs redistribution: who gets how much of the cake, or should we try to bake a bigger cake? Arguments in favor of redistribution have rested on the idea that growth – a bigger cake – benefits only very few people. This research shows that to….


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