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Podcast: The Peter McCormack Show
Episode: What Drives Wealth Inequality? with Lyn Alden - WBD467
Description: Location: Remote Date: Tuesday 22nd February Project: lynalden.com Role: Macroeconomist Wealth inequality is as an emotive subject as any. At a minimum it can divide societies, pitting citizens against each other. If left to deteriorate and fester it can lead to populist uprisings. Both sides of the political divide put forward causes and propose solutions. And yet, despite the arguments being well worn, most of the assumptions underpinning these opinions don't stand up to scrutiny. Quantitative easing results in increased inequality - well, not necessarily. Globalisation leads to a...