Ben's Place
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“ Here is [Naomi] Klein’s method. Take a famous thinker you really don’t like. See if they’ve ever had a meeting with anyone who is responsible for anything bad. Blame it on the thinker. Seriously.
Does the Financial Crisis Discredit “Neoliberalism”?
“ The empirical evidence indicates that relative demand shifts are more important than relative supply shifts, suggesting that the increase in well-being inequality between 1980 and 2000 is smaller than the increase in nominal wage inequality.
The Trend in Real Inequality: More Evidence
“ Research from Heckman suggests that education is a relatively feeble remedy for the effects of family background… In order to make a dramatic impact on inequality, government would have to do something about the fundamental causes: technology and marriage patterns. However, putting a brake on technological progress seems hardly feasible or desirable. And forcing people to select mates at random rather than on the basis of similar backgrounds and tastes seems similarly unlikely. As much as inequality may be a problem, no real solution is in sight.
Inequality and the Sergey Brin Effect
“ Fannie and Freddie also purchased hundreds of billions of subprime securities for their own portfolios to make money and to help satisfy HUD affordable housing goals. Fannie and Freddie were important contributors to the demand for subprime securities.
How Government Stoked the Mania - WSJ.com