A time for big economic ideas

The headlines may talk about growth, America is living in a dark economic era. For most families, income and wealth have stagnated in recent decades, barely keeping pace with inflation. Nearly all the bounty of the economy's growth has flowed to the affluent.

And if you somehow doubt the economic data, it's worth looking at the many other alarming signs.

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A version of this article appeared in the print edition of The Straits Times on April 24, 2018, with the headline 'A time for big economic ideas'. Print Edition | Subscribe