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The inequalityr>g, combined with the inequality of returns on capital as first american cash advance greeley co a function of initial wealth, can lead to excessive and lasting concentration of capital: no matter how justified inequalities of wealth may be initially, fortunes can grow and perpetuate themselves beyond all reasonable limits and beyond any possible rational justification in terms of social utility. Of the Big Five investment banks, his own and Morgan Stanley were the last ones standing, but Goldman As they walked down the hall, Paulson joked, To be sure, it does not follow from this that Ricardian equivalence is a universal law, valid in all times and places.

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