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PS. In Theory: The Rise of Monopsony

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In the last few decades, a growing number of industries have become dominated by a handful of firms, and wages, growth, and inflation have remained stubbornly low, while inequality has risen sharply. This is not a coincidence.

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    Time to Bite the Bullet in Syria

    Carl Bildt

    US President Donald Trump's impulsive decision to pull American troops out of northern Syria and allow Turkey to launch a military campaign against the Kurds there has proved utterly disastrous. But a crisis was already inevitable, given the realities on the ground and the absence of a coherent US or Western policy in Syria.

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