Monthly Archives: April 2013

The Future of Japan

The following is a short video explaining Japan’s economic situation. For more here are CNBC and other interviews of Kyle Bass, a hedge fund manager both known for correctly calling the 2008 financial crisis and vocal skeptic of Japan’s ability to repay its … Continue reading

Posted in Economic Growth, Finance, Inflation, Macroeconomy, Political Economy, Public Finance | Leave a comment

Wealth Inequality in the USA

A few important points: This is wealth, not income; income is a little more evenly distributed although is still interesting to look at.  We mentioned in class the idea that people with significant wealth don’t even have to work anymore, they can … Continue reading

Posted in Capitalism, Labor, Macroeconomy, Marxism, Political Economy | Leave a comment