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聚焦新经济思想研究所-公共政策的核心价值应该是平等(英)-2026.4。tradeoff” to justify ignoring distribution. Finally, we show that public policy can have an enormous impact on income inequality and has done so in the past.growth would be largely unnecessary in the U.S. to increase well-being, because redistribution would be able to increase well-being even in the absence of output growth.