Global inequality is narrowing — and that is cause for celebration

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The stories that matter on money and politics in the race for the White House

The writer is a Visiting Scholar at Johns Hopkins SAIS, a Non-Resident Fellow at Bruegel and a Visiting Professor at NCAER. He is currently writing a book entitled ‘A Defence of the Liberal Economic Order’

Imagine that across the length and breadth of America, working-class wages grew much faster than the incomes…