Inequality
The Price of Democracy: a Webinar with Julia Cagé, Andrea Prat, and Guy Rolnik
At this trying time, there is a particularly high demand for reliable and trustworthy information. To address this demand by Booth students, alumni, faculty,...
Piketty on the Covid-19 Crisis: “It Is High Time to Use This Opportunity to Counter the Dominant Ideology and Significantly Reduce Inequality”
In an interview with ProMarket, Thomas Piketty speaks about his new book, the role of ideology as a driver of inequality, and what the...
How Inequality Hurts the Economy and Complicates Policy Responses to the Pandemic
In the years leading up to the pandemic, rising inequality created a saving glut of the rich which pushed down interest rates and fueled...
A New Capitalisn’t Episode: The Risk Of Reopening – a Reading List
Despite warnings from government and health officials, some states are choosing to begin reopening their economies this week by ending lockdown restrictions. In this...
How to Save 40 percent of the Payroll Protection Program’s Costs
Thanks to the loan program part of the CARES Act, small businesses can receive up to 2.5 times their monthly payroll, regardless of how much...
A New Capitalisn’t Episode: Where Does the Money Come From? With Special Guest Eugene Fama
As Kate Waldock and Luigi Zingales predicted in a previous episode, the government is running out of money and will ask Congress for additional...
Inequality Has Increased Far Less Than You Think (If You Consider Social Security Benefits)
In the United States, Social Security accounts for nearly 60 percent of the total wealth of the bottom 90 percent. Once Social Security is...
The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
Deaths of Despair and Covid-19: a Webinar With Angus Deaton and Luigi Zingales
Deaths of despair are a slow disintegration of working-class lives: Will the coronavirus accelerate this process? In a conversion with Luigi Zingales, Nobel laureate...
The Populist Right Has a Plan to Take Power Away From Financiers and Challenge China
The nationalist rhetoric of the Trump administration can obscure a more sophisticated recognition by some people in the populist world that the core dynamic...
