Presented by Joseph Stiglitz, Paul Krugman, Duncan Foley, and Branko Milanovic at Columbia Law School. Inequality has become one of the major talking points amongst economists since the advent of Thomas Piketty’s book Capital in the Twenty-First Century. Piketty argues in the book that the main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—threatens to generate extreme inequalities that stir discontent and undermine democratic values. He calls for political action and policy intervention.
Canyon Distressed Opportunity Fund likes the backdrop for credit
The Canyon Distressed Opportunity Fund III held its final closing on Jan. 1 with total commitments of $1.46 billion, calling half of its capital commitments so far. Canyon has about $26 billion in assets under management now. Q4 2020 hedge fund letters, conferences and more Positive backdrop for credit funds In their fourth-quarter letter to Read More