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  1. Dec 2022
    1. There is, however, an argument often made with respect to not fully addressingpoverty and inequality. It is based on the assumption that there is a necessarytrade- off between having a strong economy and having a robust social welfarestate. The recent origins of this argument can be traced back to an influen-tial book entitled, Equality and Efficiency: The Big Tradeoff by the economistArthur Okun.