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Marvin Goodfriend is Professor at the Tepper School of Business at Carnegie-Mellon University and was previously Senior Vice President and Policy Advisor at the US Federal Reserve Bank of Richmond.
Even many of the wealthiest Americans would agree that the United States needs to overhaul its tax policies to restore a sense of social justice. But, notes Edoardo Campanella, Future of the World Fellow at IE University's Center for the Governance of Change, such reforms would not be enough to restart the engines of social mobility and promote greater equality of opportunity.
