As a Democrat, Moynihan worried that the “stagnant services” would become identified with government, as would his party.
As a Democrat, Moynihan worried that the “stagnant services” would become identified with government, as would his party. AP file photo
As a Democrat, Moynihan worried that the “stagnant services” would become identified with government, as would his party. AP file photo

'Baumol’s disease' explains flagging productivity

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