Now Im sure you'll be shocked, shocked I sez, to learn that apparently that's no longer the case. The lesson here is that the right only claims the moral high ground on deficits they don't create. So that's not really the moral high ground they stand on... its more like a temporary stage that can be easily dismantled when necessary.
It seems not: De Loecker et al. (2020) (DEU) estimate that markups
increased significantly in the United States from 1955 to 2016. We find
this result is...

No comments:
Post a Comment