On Nov 15, 2011, at 8:10 AM, Joseph Catron wrote:
> Even before it became clear that the economy was streaking toward
> disaster, Suresh Naidu figured something like this would happen. "It's
> been no secret in economics that inequality has gone up,” he said
> recently. Naidu is a professor of economics at Columbia University,
> and it seemed obvious to him that high inequality plus a high
> unemployment rate would result in political turmoil.
I'm proud to say that one of the reasons he became an economist was reading Wall Street.
Doug