Monday, April 9, 2012

Inequality and economic instability

Jamie Galbraith's new book  is out. The main thesis in the book is that the inequality of the past three decades, driven fundamentally by financialization, led inexorably to boom and bust instability. A recent interview about his book and the current economic situation can be found here.
By -
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Was Bob Heilbroner a leftist?

Janek Wasserman, in the book I commented on just the other day, titled The Marginal Revolutionaries: How Austrian Economists Fought the War...

  • Hyperinflation in Bitcoinland
    There are Gold Bugs and there are  Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
  • A reply to Wray - Part I
    By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
  • Milei and real wages in Argentina
    I was interviewed by Max Jerneck for his podcast, and he alerted me to this figure (see below), which apparently come from the Universidad ...