Tag Archives: Inequality

Larry Summers on inequality and Piketty – FT

There is an attempt to make capitalism more inclusive. But who is it excluding? John Authers asks former US treasury secretary Larry Summers if he agrees with Thomas Piketty’s thesis that inequality is increasing, and asks how capitalism can be … Continue reading

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Doubts over Piketty inequality data – FT

FT economics editor Chris Giles and FT global economy news editor Ferdinando Giugliano raise doubts about the validity of the data in ‘Capital in the Twenty-First Century’ by Thomas Piketty, which claims that wealth inequality is rising. For more video … Continue reading

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The Economist Gets It…

That is, why governments need asset bubbles as the average real wage falls.   See our post, America’s Bubble Dependent Economy. This also goes a long way in explaining the reelection of President Obama even with stubbornly high unemployment and a weak … Continue reading

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