Friday :: Apr 20, 2012

Economic Inequality

by Mary

How did economic inequality play into the Great Recession and the anemic recovery? Paul Krugman and Robin Wells write that the very wealthy not only rigged the economy which tipped the world into the Great Recession, but then when it was clear that Keynesian economic solutions would address the economic slump, the very wealthy (and their lapdogs the Republicans) resisted the application of these solutions to heal the economy.

This is Krugman and Wells' contribution to the Occupy Handbook. It sounds like a book worth reading.

Mary :: 11:07 AM :: Comments (3) :: Digg It!