Daily Archives: October 1, 2014

Rising Tides Lift All Yachts: Why the 1% Grabs all the Gains From Growth

By L. Randall Wray

You’ve probably seen references to the work of my colleague (and former student), Pavlina Tcherneva in recent days. If not, take a gander at this:

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The NYT article includes links to her published article in the Journal of Post Keynesian Economics, the first issue edited by me and my Levy Institute colleague Jan Kregel. Pavlina also presented her results at the just finished International Post Keynesian Conference at UMKC. We’ll soon have a website up with many of the powerpoints and papers. The next conference will be held in 2016. Mark your calendars.

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