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To End Inequality, Attack Poverty, Not the 1 Percent

Aug. 3 (Bloomberg) -- In June, I wrote in praise of Luigi Zingales’s book, “A Capitalism for the People.” At that time, I examined his call for elevating pro-market values over pro-business values.

Now I would like to return to the book, to analyze his discussion of an issue very much at the heart of the current electoral season -- economic inequality -- and to explain why the way Americans talk about the problem leads us in the wrong direction.