Are the arguments in the blog just socialism?
A review of the tentative conclusions reached at the end of the “Financial Markets” section of the blog, in light of this section’s analysis of the importance of distribution.
A summary of one of the most important books this century, describing the profound impact of income distribution on all aspects of society, not just the economy.
A more even income distribution will strengthen the economy as whole, and thereby make everyone better off. We need “demand-side” economics.
How we ensure that the benefits of increased productivity are distributed throughout society – not just distribution of income, but distribution of the capacity to produce.
A practical example of last week’s arguments – the potential economic and political impact of driverless cars.
A summary of a recent paper by Adair Turner on the impact of automation on unemployment and the economy in general, and the implications for social cohesion.
A summary of this section of the blog.
Huge concentrations of wealth have distorted and destabilised financial markets, which now need to be reformed.
A summary of Pozsar’s conclusions on what we need to do about wealth inequality destabilising our economy.