Inequality Matters

The video discusses the conditions leading to financial bubbles and the need for restructuring financial regulations to prevent such occurrences. It highlights the role of income distribution in shaping aggregate demand and how rising inequality and increased debt levels contributed to the financial crisis. The discussion also touches on Keynesian economic theories and the changes in income distribution since the 1980s.

What factors contributed to the emergence of the leveraged bubble?

Why is income distribution considered important in shaping aggregate demand?

How did income distribution changes in the 1980s affect household borrowing?

In what ways did the stagnation of real wages impact living standards?

What role did securitization play in the financial crisis?