The Chilling Math of Inequality

A new analysis suggests inequality could freeze the economy.

Deep freeze.

Photographer: Scott Olson/Getty Images

Economists have offered various explanations for the frustrating slowness of global growth, from excessive debt to a shifting balance of power bringing an end to an American century. A new analysis suggests there's one that deserves greater attention: the chilling effect of inequality.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.