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Photo: Jim Watson/AFP via Getty Images

Joe Biden's campaign released on Tuesday a letter signed by 13 winners of the Nobel Prize in economics who say that while their views are different, they all think his policies "will result in economic growth that is faster, more robust, and more equitable."

Our thought bubble, via Axios Hans Nichols: These economist letters are often little more than veiled job applications from academics hoping for a Fed or White House position. But given that these laureates are éminence grises of American economics, they probably just want to be on the record supporting Biden.

Read the letter.

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Go deeper

Biden's high bar

Photo illustration: Sarah Grillo/Axios. Photo: Drew Angerer/Getty Images

Joe Biden's campaign is built on two ambitious promises: Get the coronavirus under control, and get America back to normal.

The catch: Both will be enormously difficult to deliver.

The separate and unequal paths in business

Illustration: Aïda Amer/Axios

When a bank turned down George Johnson for a business loan, he got creative. He returned and told the bank he needed $250 to take his wife on a vacation — and was approved. Then he invested the cash in his business, which became the first Black enterprise to trade on the American Stock Exchange.

Why it matters: The highways to success in the U.S. market economy — in entrepreneurship, corporate leadership and wealth creation — are often punctuated with roadblocks and winding detours for people of color.