What the ‘Dual Economy’ Model Reveals About Today’s America

From the collections Economics' Race Problem: A Video Playlist, #INET2017, America's Dual Economy: Why the Middle Class Is Vanishing, Economics of Race


MIT’s Professor Peter Temin, addressing the Institute’s economics of race conference, sees the US economy as bifurcated along lines analogous to the situation described in developing world economies by W. Arthur Lewis. Access to education is the key to social mobility into the high-tech sector, but plutocratic public policy is choking off desperately needed investment in public education

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