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Didn't inequality, globally, keep shrinking? I suspect it's still shrinking now, and perhaps at an increasing rate.


This is a good point (does anyone have a good source on global GINI?). But I suspect that what we're currently experiencing in the very-developed world is what's expected globally long-term. If global inequality is shrinking, it's probably down to deploying existing technologies and catch-up growth. When all that's over - when there's no such thing as the "developing" world anymore - at the End of History, r>g.





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