This second volume on the political and social economy of financialization in the US focuses on the consequences of the rise of finance for the American macroec

Divested documents how the ascendance of finance is a fundamental cause of economic inequality in the United States. This wide-ranging and comprehensive account

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely among

The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 bot

There can be no doubt that the influence of the financial sphere has intensified rapidly in recent years, but there is much debate about the effect of that infl