Wood, James (2020) How household debt influences inequality. British Politics and Policy at LSE (09 Jan 2020), 1 - 2. Blog Entry.
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Abstract
James Wood writes that private debt contributes to increasing inequality, as highly indebted households provide a revenue stream to the financial sector, where profits are distributed to financial employees, managers, and executives, as well as to the most affluent households which hold the concentrated ownership of financial assets.
Item Type: | Online resource (Blog Entry) |
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Official URL: | https://blogs.lse.ac.uk/politicsandpolicy/ |
Additional Information: | © 2020 The Author |
Divisions: | LSE |
Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HJ Public Finance H Social Sciences > HC Economic History and Conditions |
Date Deposited: | 30 Mar 2020 13:30 |
Last Modified: | 11 Dec 2024 20:00 |
URI: | http://eprints.lse.ac.uk/id/eprint/103882 |
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