#21: From inequality to debt: the savings glut behind financial crises | Atif Mian

My guest today in #CapitalismAfterCoronavirus is Atif Mian. Atif is a Professor of Economics at Princeton and has become one of the foremost experts on the relationship between financial markets and the macroeconomy. He is the author of the acclaimed book “House of Debt”, where he argues that the gigantic increase in household debt was the primary driver of the crash of 2008. In this episode we discuss about inequality, the rich’s savings glut and indebtedness in the global economy.