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Left Business Observer editor Doug Henwood points out that $10,000 invested in the market in 1937 would have yielded $250,000 thirty years later, while $10,000 invested in 1972 would yield $73,000 today. Doug Henwood, the editor of Left Business Observer, has written a powerful challenge to these conventional assessments. Doug Henwood, editor of Left Business Observer and a participant in several of the Seattle symposia, nicely captured this flavor in a recent essay: |
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