We all know that today’s economic inequality is bad—we can feel it—but we don’t have a clear way to articulate why this is, unless we appeal to morality. The field of economics doesn’t offer a compelling narrative, which is a major shortcoming. Don’t get me wrong, there are many brilliant economists out there doing important work and publishing insightful individual studies. But the overarching paradigms of the field of economics can’t pull together the results of these individual works in a way that convincingly condemns massive and persistent economic inequality.

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