As a result of the current crises, capitalist inequality is back on the intellectual agenda. Steve Randy Waldman has assembled a list of links (including a couple from this blog) on the relationship between inequality and “macroeconomic stability and growth.”
Here are some of the questions that guide his inquiry:
Can growth and inequality coexist over time without positing continuous capital flows that never reverse (between countries, or between groups within a single country)? Can a “balanced” economy, in which gross credit/debt rises no faster than GDP, be unequal and grow? (Perhaps it is fair to ask whether a “balanced” economy can ever support growth?)
occasional links & commentary 