No Image

The Fed – A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession

September 19, 2018 Bilal 0

The Fed – A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession https://ift.tt/2x8cAED September 13, 2018 A Wealthless Recovery? Asset Ownership and the Uneven Recovery from the Great Recession Lisa Dettling, Joanne Hsu and Elizabeth Llanes Aggregate measures of household wealth have broadly followed the business cycle. Between 2007 and 2009, American households as a whole lost 20 percent of their wealth.1 Household wealth increased during the economic recovery from its nadir in the Great Recession, and by late 2012, aggregate household net worth surpassed its previous 2007 peak, and continued to grow through 2016. These […]

No Image

What Does Sweden Teach Us About Fighting Inequality?

September 4, 2018 Bilal 0

What Does Sweden Teach Us About Fighting Inequality? https://ift.tt/2LXbSyG When I first read reviews of Nima Sanandaji’s “Debunking Utopia: Exposing the Myth of Nordic Socialism” a couple of years ago, I found most of the reported claims of the book fairly uninteresting. For instance, Sanandaji claims that Nordic longevity is partially caused by healthy lifestyles not just high-quality public health care, which Sanandaji nonetheless thinks is a good idea (“I am myself in favor of the public sector providing health care.”). Characterizing this point as “debunking” seems a bit much insofar as I’ve never seen anyone argue that the presence […]