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Wall Street Journal is nervous

Summary:
WSJ op-ed concerned that "the possibility of an extreme election outcome is no longer unthinkable." Inequality in the 1920s and the Great Recession brought FDR and radical reform. As it turns, Obama was more moderate than people expected, and maybe there is still hope for more radical reform ahead.

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Wall Street Journal is nervous

WSJ op-ed concerned that "the possibility of an extreme election outcome is no longer unthinkable." Inequality in the 1920s and the Great Recession brought FDR and radical reform. As it turns, Obama was more moderate than people expected, and maybe there is still hope for more radical reform ahead.
Matias Vernengo
Econ Prof at @BucknellU Co-editor of ROKE & Co-Editor in Chief of the New Palgrave Dictionary of Economics

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