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Abraham Lincoln

One Way to Make Reparations Work

By Editors' Choice, Reparations

By Noah Smith, Bloomberg — The issue of reparations for African Americans is, of course, full of more moral and historical issues than one column, even by someone with much greater understanding and deeper knowledge than me, could ever resolve. But since the proposal is now being taken seriously, it’s worth thinking about the economics of how it could and should work. The idea of compensating the descendants of American…

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