Speaker: Professor Danny Dorling
Chair: Professor Stuart Corbridge
Recorded on 7 October 2014 in Old Theatre, Old Building.
GrizzlyRock Value Partners was up 16.6% for the first quarter, compared to the S&P 500's 5.77% gain and the Russell 2000's 12.44% return. GrizzlyRock's long return was 22.3% gross, while its short return was -2.9% gross. Compared to the Russell 2000, the fund's long portfolio delivered alpha of 10.8%, while its short portfolio delivered alpha Read More
It is widely accepted that high rates of inequality are damaging to society, although some skeptics remain to be convinced. Perhaps it is because the most damaging form of economic inequality now appears to occur when the very richest 1% take more and more, even if the other 99% are becoming more equal. So what exactly is it about inequality that causes most harm?
Danny Dorling (@dannydorling) is the Halford Mackinder Professor of Geography, Oxford. He advises government and the office for national statistics, appears regularly on TV and radio, and writes for the Guardian, New Statesman and other papers. His new book Inequality and the 1% is published by Verso Books.
Professor Corbridge is Deputy Director and Provost of LSE. He is a professor of international development with longstanding research interests in governance and the political economy of growth, especially in India.
The Geography and Environment department at LSE (@LSEGeography) is a centre of international academic excellence in economic, urban and development geography, environmental social science and climate change.
Inequality And The 1%: What Goes Wrong When The Rich Become Too Rich [Slides & Audio]