17 September 2014

David Cay Johnston: The Perils of Our Growing Inequality

“Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many."

Adam Smith, The Wealth of Nations

This helps to explain why there will be no sustainable recovery. 

It is a matter of un-official policy.