We’ve Been Measuring the Economy All Wrong. Current models assume a competitive economy but ours is more monopolistic, meaning tax cuts don’t result in companies investing those savings in R&D and hiring; they just give it to shareholders instead.
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We’ve Been Measuring the Economy All Wrong. Current models assume a competitive economy but ours is more monopolistic, meaning tax cuts don’t result in companies investing those savings in R&D and hiring; they just give it to shareholders instead.
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