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Income Inequality: Why It Matters And Why Most Economists Didn't Notice

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Income Inequality: Why It Matters And Why Most Economists Didn't NoticeThe first book length treatment to conclusively demonstrate the link between income inequality and the 2008 financial crisis and Great Recession Prevailing economic theory attributes the 2008 crash and the Great Recession that followed to low interest rates, relaxed borrowing standards, and the housing price bubble. After careful analyses of statistical evidence, however, Matthew Drennan discovered that income inequality was the decisive factor behind

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