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French economist Thomas Piketty claims capitalist societies, with rare exceptions, see ever-increasing concentrations of wealth. Currently, we’re in a destructive self-reinforcing trend back toward 18th- and 19th-century levels of inequality, he argues using data and economic theory. Piketty’s empirical work is both clearly impressive and ultimately unreliable. Piketty...
Presidential primaries are the selection process to determine which candidate will appear on the ballot for a given political party in the nationwide general election. At the national convention, the delegates of the parties choose who they want to run for President. Delegates to the national convention are chosen...