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Contemporary macroeconomic issues

Capital by Thomas PikettyDifference between wealth and incomeWhat is capital?Piketty's two drivers of divergenceIs rising inequality necessarily bad?Convergence on macro scaleEducation as a force of convergenceGilded Age versus Silicon ValleyInverse relationship between capital price and returnsConnecting income to capital growth and potential inequalityr greater than g but less inequalityReturn on capital and economic growthCritically looking at data on ROC and economic growth over milleniaSimple model to understand r and g relationship
CNN: Understanding the crisisBailout 1: Liquidity vs. solvencyBailout 2: Book valueBailout 3: Book value vs. market valueBailout 4: Mark-to-model vs. mark-to-marketBailout 5: Paying off the debtBailout 6: Getting an equity infusionBailout 7: Bank goes into bankruptcyBailout 8: Systemic riskBailout 9: Paulson's planBailout 10: Moral hazardBailout 11: Why these CDOs could be worth nothingBailout 12: Lone Star transactionBailout 13: Does the bailout have a chance of working?Bailout 14: Possible solutionBailout 15: More on the solution

About this unit

Explore the causes and consequences of income inequality in this unit.