I think the challenge is whether the united states is anything remotely like the northern countries in its political process, or whether it ever could be. Just like our schools aren't as good as theirs. There's a lot of things that are differnt it. But i don't disagree with me that the american system has become much more disfunctional. I don't think we've found the point of happy agreement yet.
Economist and author Daron Acemoglu of MIT discusses with EconTalk host Russ Roberts the challenge of shared prosperity and the policies that could bring about a more inclusive economy. Acemoglu argues for the importance of good jobs over redistribution and makes the case for the policies that could lead to jobs and opportunities across skill levels.