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Jack Lew

Liberal pundits of the world, unite!

As I write this, Thomas Piketty’s book “Capital in the Twenty-First Century” is No. 1 on Amazon.com. It’s been deemed an “important book” by a bunch of smart people. Why not? It validates many of the preconceived notions progressives have about capitalism: Inequality is growing. Mobility is shrinking. Meritocracy is dead. We all live in