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Income Inequality Explained: A Sports Tutorial From The NBA

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“Income inequality is a hot topic in theoretical economics and an even hotter topic in the theater that is American politics. If you “feel the Bern” or if you tune into any debate, the rich getting richer and the common man getting screwed is a continuous drumbeat. So short of having a PhD in economics or a master’s degree in finance, it’s easy for some to get suckered into resentment. Thankfully, we can turn to the world of sports to provide a contextual overview of income inequality”

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