A new global equilibrium
Inequalities in the global economy are shrinking due to spectacular growth in Asia, which is drawing a new equilibrium The world equilibrium has changed since the emergence of Asia and…
Philippe Waechter's blog
Income inequality, labor market inequality
The report published recently by the Paris School of Economics measures income and wealth inequality around the world and reveals the high share of total income accounted for by the…
A graph to illustrate the US structural problem
This graph illustrates an article by David Leonhardt (NY Times) on the US income distribution. It shows how the income distribution has changed between 1980 and 2014. In 1980, there…
Traveling – Juan les pins and the Great Gatsby
This morning, Tuesday, I was at a meeting in Juan les pins in the south of France. It took place at the villa where Scott and Zelda Fitzgerald lived at…