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El-Erian Mohamed

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10. Christine Lagarde, “The Challenge Facing the Global Economy: New Momentum to Overcome a New Mediocre,” speech to Georgetown University School of Foreign Service, October 2, 2014, http://www.imf.org/external/np/speeches/2014/100214.htm.

11. Gauti Eggertsson and Neil Mehrota, “A Model of Secular Stagnation,” NBER Working Paper No. 20574, National Bureau of Economic Research, April 2014, http://www.nber.org/papers/w20574.pdf.

12. Mohamed A. El-Erian, “Confronting Persistent U.S. Economic Slump,” Bloomberg View, April 21, 2014, http://www.bloombergview.com/articles/2014-04-21/confronting-the-u-s-economic-slump.

13. Martin Wolf, “Why America Is Going to Win the Global Currency Battle,” Financial Times, October 12, 2010, http://www.ft.com/intl/cms/s/0/fe45eeb2-d644-11df-81f0-00144feabdc0.html.

14. Janet Yellen, “Monetary Policy and the Economic Recovery,” speech to the Economic Club of New York, Board of Governors of the Federal Reserve System, April 16, 2014, http://www.federalreserve.gov/newsevents/speech/yellen20140416a.htm.

15. Mohamed A. El-Erian, “Trial by Fire: What Crises Lie in Wait for Janet Yellen,” Foreign Policy, January 7, 2014, http://foreignpolicy.com/2014/01/07/trial-by-fire/.

16. Raghuram Rajan, “Global Policy: A View from Emerging Markets,” Brookings Institution, video, April 10, 2014, http://www.brookings.edu/events/2014/04/10-global-monetary-policy-view-from-emerging-markets.

17. See, for example, “The BIS Quarterly Review for December 2014: Buoyant Yet Fragile?,” December 7, 2014, Bank for International Settlements, http://www.bis.org/publ/qtrpdf/r_qt1412.htm.

18. Michael Chui, Ingo Fender, and Vladyslav Sushko, “Risks Related to EME Corporate Balance Sheets: The Role of Leverage and Currency Mismatch,” Bank for International Settlements, 2014, http://www.bis.org/publ/qtrpdf/r_qt1409f.pdf.

CHAPTER 10: REDUCING THE RISK OF THE UNEMPLOYED BECOMING UNEMPLOYABLE

1. Stanley Fischer, “The Great Recession: Moving Ahead,” speech to conference sponsored by the Swedish Ministry of Finance, Board of Governors of the Federal Reserve, August 11, 2014,events/speech/fischer20140811a.htm.

CHAPTER 11: THE INEQUALITY TRIFECTA

1. “Focus on Inequality and Income,” Organisation for Economic Co-operation and Development, Directorate for Employment, Labor and Social Affairs, December 2014, http://www.oecd.org/social/Focus-Inequality-and-Growth-2014.pdf.

2. Emmanuel Saez and Gabriel Zucman, “Wealth Inequality in the US Since 1913,” NBER Working Paper No. 20615, October 2014.

3. Estelle Sommiller and Mark Price, “The Increasingly Unequal Income States of America,” Economic Policy Institute, January 26, 2015, http://www.epi.org/publication/income-inequality-by-state-1917-to-2012/.

4. “17 Things We Learned About Income Inequality in 2014,” Atlantic, December 23, 2014, http://www.theatlantic.com/business/archive/2014/12/17-things-we-learned-about-income-inequality-in-2014/383917/.

5. Federal Reserve Board of Governors, “Changes in US Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances,” Federal Reserve Bulletin 100, no. 4 (September 2014), http://www.federalreserve.gov/pubs/bulletin/2014/pdf/scf14.pdf.

6. Rakesh Kochhar and Richard Fry, “Wealth Inequality Has Widened Along Racial, Ethnic Lines Since the End of the Great Recession,” Pew Research Center, December 12, 2014, http://www.pewresearch.org/fact-tank/2014/12/12/racial-wealth-gaps-great-recession/.

7. Thomas Piketty, Capital in the Twenty-First Century (Cambridge, MA: Belknap Press of Harvard University Press, 2014).

8. Mohamed A. El-Erian, “The Inequality Trifecta,” Project Syndicate, October 17, 2014, http://www.project-syndicate.org/commentary/imf-world-bank-annual-meetings-and-inequality-by-mohamed-a--el-erian-2014-10.

9. Madeline Ostrander, “What Poverty Does to the Young Brain,” New Yorker, June 4, 2015, http://www.newyorker.com/tech/elements/what-poverty-does-to-the-young-brain.

10. Frank Bruni, “Class, Cost and College,” New York Times, May 17, 2014, http://www.nytimes.com/2014/05/18/opinion/sunday/bruni-class-cost-and-college.html.

11. McKinsey Global Institute, “QE and Ultra-Low Rates,” 2013.

CHAPTER 12: THE PERSISTENT TRUST DEFICIT

1. Ian Fraser, Shredded: Inside RBS, the Bank That Broke Britain (Edinburgh: Birlinn, 2014).

2. Joshua Zumbrun and Alaa Shahine, “Retired Bernanke Harbors Regret on Main Street’s View of Bailout,” Bloomberg News, March 4, 2014, http://www.bloomberg.com/news/2014-03-04/bernanke-says-u-s-economy-seeing-progress.html.

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