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posted on 03 May 2016

Documentary Of The Week: The Network Effect Behind Rising Inequality

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Thomas Piketty's Capital in the Twenty-First Century has rightly focused attention on economic inequality, but his explanation of why it occurs is not compelling. Prof. Keen explains the simple "network" effect behind inequality in phenomena from earthquakes to income and then outlines work by himself, Matheus Grasselli and Gael Giraud that argues that rising inequality is a sign of impending economic breakdown. This is the 11th lecture in this series on orientation to economics. Previous lectures are listed after this video, below.

stevekeenstripphoto380

Lectures in the Series

Source: YouTube

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