We’ve Been Underestimating Discrimination
New methods of measuring racism and sexism find a larger, systemic impact.
We’ve Been Underestimating DiscriminationWhat causes the ebbs and flows of the business cycle? In the first of two videos, Chicago Booth's Amir Sufi argues that one key factor is the financial sector and its willingness to lend. As credit becomes more and more available at the household level, the economy booms—but when household debt becomes unsustainable, it sows the seeds for a bust. For an explanation of how inequality may fuel credit-supply expansions, see part two of this series.
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New methods of measuring racism and sexism find a larger, systemic impact.
We’ve Been Underestimating DiscriminationTwo economists with very different views on inequality discuss the magnitude of the problem.
Is Wealth Inequality Overstated?Quantitative easing may have played a part in the US financial sector’s current instability.
Did the Fed Contribute to SVB’s Collapse?Your Privacy
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