China has become the largest economy on the planet and we’re witnessing a collective silent scream on behalf of the West in response to the loss of its worldwide dominion.
Why inequality is increasing and what can we do about it?
Janet Yellen, chair of the Board of Governors of the US Federal Reserve, gave a speech in October 2014 in which she said that, “The past several decades have seen the most sustained rise in inequality since the 19th century after more than 40 years of narrowing inequality following the Great Depression. I think it […]
From Rags to Riches: An American Dream or Reality?
As Capital in the 21st century, a recent book by economist Thomas Piketty, remains sold out across bookstores around the world – income inequality has shown to be a major concern both among citizens and policymakers. However, little attention has been given to a mechanism closely related to income inequality, but perhaps even more tangible […]
U.S.: Too Big to Fail? Interview with Prof. Pedro Videla
The risk is too high therefore there will be an agreement. We will never arrive at default …