When we talk about slowing demand growth to slow inflation it is worth bearing in mind that the top 40% of income distribution in US accounts for 60% of consumer spending, while the bottom 40% accounts for only 22%. @RanaForoohar
ft.com/content/38b209… https://t.co/gT6ZJK5dut
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…