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Defying the Odds

Defying the Odds
New book about the 2016 election.

Wednesday, January 1, 2014

Economic Data and Outsiderism

At The New York Times, Steven Rattner offers a chart that explains why outsiderism may have appeal in 2016. Improvements in the stock market do help people with defined-contribution pensions, but much of the benefit  goes to affluent people who own stock directly.  Inequality could be an issue.