Yellen and inequality

Yellen’s Challenge at the Fed: Speaking Persuasively to Investors by Binyamin Appelbaum

Some analysts see these shifts as relatively inconsequential. They argue that Ms. Yellen would retain the strongest hand in setting the Fed’s course, and that tapering asset purchases would be a sufficient concession to maintain a majority.

“The institutional momentum is there even as the people in the chairs change,” said Diane Swonk, chief economist at Mesirow Financial in Chicago.

Ms. Swonk said the new voices probably would cause some confusion, but “it increases uncertainty more than it changes the course of monetary policy.”

Rethinking the Rise of Inequality by Eduardo Porter

Inequality: The Democrats' Next Frontier by Yglesias