On today's Your Call, we’ll have a conversation with noted economist and author James Galbraith about his new book, Inequality and Instability: A Study of the World Economy Just Before the Great Crisis. Today, the top 1 percent controls 40 percent of the wealth in the US. How did we get here? Join us at 10 or email feedback@yourcallradio.org. What needs to be done to narrow the wealth gap? And how does inequality affect economic growth? It’s Your Call, with Rose Aguilar and you.
Guest:
James Galbraith, Professor of Economics at the LBJ School of Public Affairs at The University of Texas at Austin
Web Resources:
William K. Black, CNN: Why JPMorgan gets away with bad bets
The Stanford University: 20 Facts About U.S. Inequality that Everyone Should Know
Dave Gilson and Carolyn Perot, Mother Jones: It's the Inequality, Stupid
Brad Plumer Washington Post: How economists have misunderstood inequality: An interview with James Galbraith