Yearly Archives: 2020

Modigliani Meets Minsky: Rising Inequality and U.S. Household Debt Since 1950

Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]

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2:00PM Water Cooler 5/7/2020

Today’s Water Cooler: #COVID19 stats, Biden and Reade, Democrats and Never-Trumpers, Ronald Klain, Sanders post-mortems, #COVID19, swing states, and New York, employment situation, tankers, Blackstone, Neiman Marcus, Yelp, Gilead, the liberal arts, pandemic therapy, the “Karen” meme

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