July

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Skewed Wealth Distribution and the Roots of the Economic Crisis

The Crash, in short, was not an episode of mass hysteria or panic; it represented a structural crisis in part rooted in the grossly unequal distribution of wealth in this society.

The New/Old Dismal Science: An Investigation into Recent US Economic Development

Recent performance by the US economy is dismally poor. Our experience in the last decade is similar to Japan's "lost" decade.