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	<title>25in5.ca &#187; Armine Yalnizyan</title>
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		<title>Income Inequality and the Pursuit of Prosperity</title>
		<link>http://25in5.ca/income-inequality-and-the-pursuit-of-prosperity/</link>
		<comments>http://25in5.ca/income-inequality-and-the-pursuit-of-prosperity/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 00:47:52 +0000</pubDate>
		<dc:creator>Christopher</dc:creator>
				<category><![CDATA[Research and Resources]]></category>
		<category><![CDATA[Armine Yalnizyan]]></category>
		<category><![CDATA[CCPA]]></category>
		<category><![CDATA[Economics]]></category>

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		<description><![CDATA[<strong>Walter Gordon Massey Symposium Lecture</strong>

The story of how we got into this global economic mess, and how we will get out, is inextricably bound up with the story of rising income inequality. After all, it was triggered by the interlocking fates of subprime mortgage holders – people who didn’t have enough money to get a regular mortgage – and their lenders. Every part of the ensuing cascade of calamity was linked to the pursuit of ever greater returns, a promise of prosperity fuelled by easy money and reckless bets.]]></description>
			<content:encoded><![CDATA[<p><strong>Walter Gordon Massey Symposium Lecture</strong></p>
<p>The story of how we got into this global economic mess, and how we will get out, is inextricably bound up with the story of rising income inequality. After all, it was triggered by the interlocking fates of subprime mortgage holders – people who didn’t have enough money to get a regular mortgage – and their lenders. Every part of the ensuing cascade of calamity was linked to the pursuit of ever greater returns, a promise of prosperity fuelled by easy money and reckless bets.</p>
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