IMF economist: equality is the best remedy against crisis

"Unless countries reduce income disparities the next financial collapse is inevitable, argues economist Michael Kumhof. Perhaps a surprising conclusion from a senior researcher at the IMF. In interview he argues that equality is the best recipe against crisis."   Excellent interview in Eurozine with IMF economist Michael Kumhof.

Read also the recent report by the European Trade Union Institute: “Benchmarking Working Europe 2012”.

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