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study critique (268) economics (103) wealth inequality (11) social mobility (9) slavery (3)

Compound Interest Is The Least Powerful Force In The Universe

Scott Alexander critiques Ezra Klein's argument that white Americans have benefited from compound interest on wealth stolen from African Americans, citing evidence that wealth rarely persists across generations.

ssc
May 26, 2014 2,465 words 0 likes 151 comments Read Read
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