Raghuram Rajan recently gave a speech in Chicago on inequalities. Unfortunately the text is not available on line, but at "Pro Market" we can find a synthesis. Though most of it is hardly original, it seems to me that Rajan has framed the issue in a more interesting way than most. I find it particularly interesting that he adds a horizontal dimension to inequality, "urban centers and more rural areas that have been deeply affected by trade". This brings us back to the longstanding contrast between cities and the countryside, with innovation being concentrated in the first. This also helps Rajan in giving his policy prescriptions sort of a federalist touch, arguing against more centralization in decision
Alberto Mingardi considers the following as important: Politics and Economics
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