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Column: When debating wage gap, consider unpopular ideas




“We’ve had it wrong for a long time,” my friend Francis Franks told me at lunch in his school’s cafeteria.

“For generations,” he continued, “economists tried to explain how the pie is sliced … how much goes to labor and how much to capital, the resources used to produce the goods and services exchanged in the marketplace.”

“Good tuna salad,” I managed to say.

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