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

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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