Inequality is getting so bad even Wall Street is starting to pay attention

Gordon Gekko

20th Century Fox It’s a sign of just how extreme US and global wealth inequality has become that even the folks on the winning side of the class war are starting to worry about it.

Citi Research has released a new in-depth report on inequality, its causes and potential solutions alongside Oxford University’s Martin School.

The report’s emphasis on "why inequality matters" is especially striking, because it reflects a widespread shift in American discourse about the issue following the Great Recession and financial crisis of 2007-2009.Before then, the issue of inequality was largely ignored by much of the economics profession, […]