Saturday, October 26, 2013

The Instability of Inequality by Nouriel Roubini - Project Syndicate





 The Instability of Inequality by Nouriel Roubini - Project Syndicate

    Any economic model that doesn’t properly address inequality will eventually face a crisis of legitimacy, as today's global protests are now demonstrating. Unless the relative economic roles of the market and the state are rebalanced, the protests of 2011 will become more severe, eventually harming long-term economic growth and welfare.

Read more at www.project-syndicate.org
 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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