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If you take away from our reality the symbolic fictions which regulate it, you lose reality itself.

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After the New Economy: I'm a bit bewildered by Henwood's assertion on p. 115 that Cox and Alm do not use relative measures in their study of income mobility. How can a ranking by quintiles be anything besides relative? -- I just don't see how such a ranking can have any absolute sense.

posted morning of Wednesday, February 4th, 2004
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