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Ep. 423: Angus Deaton Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Problems With Inequality

Some of the problems that might exist with inequality, the misallocation of resources. So for example, there could be the taxpayer bailouts for bankers on Wall Street. There could be political favoritism. Even before that, some of the things that people would be very successful in inventing and very heavily rewarded for things may not actually be in the public interest at all.

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