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THE PSYCHOLOGY OF MONEY - Commented Book
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Four Keys to the Great Recession in the United States
David Frum: After World War II, America's capacity for spending exploded. He says average wages doubled from 1940 to 1948, then doubled again by 1963. The gap between rich and poor narrowed by an extraordinary amount, he writes. Frum: TV equalized the entertainment and culture people enjoyed regardless of class.
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