James K. Galbraith - Inequality and Instability: A Study of the World Economy Just Before the Great Crisis
Harvard Book Store
Tuesday, May 8 / 7:00pm
JAMES K. GALBRAITH
Inequality and Instability: A Study of the World Economy Just Before the Great Crisis
@ Harvard Book Store | 1256 Mass. Ave.
This event is free. No tickets are necessary.
Harvard Book Store is pleased to welcome leading economist JAMES K. GALBRAITH for a discussion of his latest book, Inequality and Instability: A Study of the World Economy Just Before the Great Crisis.
As Wall Street rose to dominate the U.S. economy, income and pay inequalities in America came to dance to the tune of the credit cycle. As the reach of financial markets extended across the globe, interest rates, debt, and debt crises became the dominant forces driving the rise of economic inequality almost everywhere. Inequality and Instability
demonstrates that finance is the driveshaft that links inequality to economic instability. The book challenges those, mainly on the right, who see mysterious forces of technology behind rising inequality. And it also challenges those, mainly on the left, who have placed the blame narrowly on trade and outsourcing.