Globalization, Inequality, Say’s Law, and Fiscal Globalism

This is a brief note maintaining that financial globalization has been faster than the integration of the remaining sectors of the world economy, thus encouraging wealth inequality, under-production, and under-consumption in line with Say’s Law. Financial investment has become more profitable than r...

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Bibliographic Details
Main Author: Gerasimos T. Soldatos
Format: Article
Language:English
Published: MDPI AG 2017-07-01
Series:Challenges
Subjects:
Online Access:https://www.mdpi.com/2078-1547/8/2/17