Rise of Inequality at Center of Global Economic Crisis published by IMF (6/2012).
“Since the onset of the global crisis, there has been much agonizing about the growing inequality found in many parts of the world.
Wells and economist Paul Krugman blame this increasing inequality for destructive, self-perpetrating spiral of social polarization, growing divisions in crisis. In their essay published in the newly released The Occupy Handbook, which analyzes the grassroots Occupy movement, the two authors argue that the response to the crisis continues to be inadequate because it ignores its root cause: America’s yawning inequality.
In an interview with IMF Survey, Wells explains how growing inequality has pervaded all aspects of life…”
