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Inequality
Book Review: The Power of Money
Paul Sheard explains what money is and how governments, commercial banks, and central banks create it and influence its creation.
Is Rising Income Inequality the 40-Year Bull Market’s Hidden Driver?
While traditional finance’s equity performance models still work, there is an alternative explanation for the long-running secular bull market.
Janet Yellen on Recession Risks, Inequality, and Climate Change
Janet Yellen sat for a wide-ranging fireside chat with Margaret “Marg” Franklin, CFA.
Weekend Reads from India: Turkey, Inequality, and the Kuznets Curve
Turkey has had a persistently high income inequality score, writes Shreenivas Kunte, CFA. Unequal wealth distribution may not have a direct relationship to the country’s current challenges, but the concentration of wealth and persistent disadvantage among certain sections of society, over time, can only result in discontent and instability.