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The Myth of American Inequality by Phil Gramm, Robert Ekelund & John Early - Book Summary

“The Measurement Problem Behind the Inequality Headlines”

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Title: The Myth of American Inequality

Author: Phil Gramm, Robert Ekelund & John Early

Category: Economics & Global Markets, Philosophy & Big Ideas, Politics & Current Affairs

What if the poverty rate isn't 12 percent but closer to 3? Sam and Sophie open with that question, and it turns out the answer hinges on a measurement problem most of us never see.

The episode walks through the core argument…

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