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America feels divided. From the most salient questions about our national identity and place in the world, to fundamental concerns about technology, religion, the economy, and public policy, Intelligence Squared U.S. is here to help. A respite from polarized discussions, we bring together the smartest minds to debate and dissect issues in depth, restoring civility and bringing intelligence to the public square in the process.
POLICY AND PRACTICE - Professor Jan Eeckhout on Rising Profits and Bad Consequences
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The Profit Paradox describes how a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. The consequences are immense, from unnecessarily high prices, to fewer startups that can compete, to rising inequality and stagnating wages. Jan Eeckhout also offers concrete solutions about how to fix the problem and restore a healthy economy.
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