Extreme Inequalities Are the Result of Political Choices, and It Is Possible to Remedy Them.

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OPINION. Inequalities are not only detrimental to economic performance, they are also a profound threat. Despite the impressive work done by researchers, there is still no consensus on how they evolve. This is where countries like Switzerland can play an important role, writes Joseph E. Stiglitz, Nobel Prize in EconomicsWe have become accustomed to considering extreme inequalities as a regrettable but inevitable characteristic of modern economie…