Faculty News | CNBC | 17 Jul 2012
Zuck's Sweet ReFi: Is This Why It's Called the One Percent?
Re: Michael Norton
"You run into a situation where people in the bottom 30 percent are dealing with huge fees and fine print and the top has very straightforward loans with low rates," said Michael Norton, an associate professor of the Harvard Business School who has studied inequality. "That can compound inequality. It would be gradual. But it's a real possibility."

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