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What do you know about the Great Compression?

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Let me guess, you've been reading Krugman's blog, right? Though his economics have become suspect, he does at least get people interested in the topic, which as an econ dweeb, I love! What do you mean by The Great Compression? Are you referring to the study, the time period in question or the Krugman take on it. The Great Compression deals with the period of time after the depression to around the late 70's early 80's. Not surprisingly, income levels changed after the Great Depression and WWII. There are many different factors involved. Most studies and blogs tend to pick one or two items that fit their agenda and focus on those.


So, what part of the GC are you interested in discussing?

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