Income inequality used to be an elephant in the room—an issue few people acknowledged. It’s now an 800-pound gorilla—widely acknowledged and discussed. A recent Federal Reserve survey showed that between 1989 and 2013, the share of U.S.
At the beginning of this century, when tech stocks were hot and dot-coms were appearing everywhere, Yale professor and renowned economist Robert Shiller was already warning of a bubble -- and he was right. Years later, when housing prices were skyrocketing and millions of American were betting big on real estate, Robert Shiller again predicted an impending crisis. Sadly, he was right again.