The Geography of Inequality
Following our recent event on “,” Reid Cramer sat down for a conversation with Ray Brescia, Professor of Law at Albany Law School and talked about his on the relationship between high levels of inequality and high levels of foreclosure stemming from the Great Recession. Professor Brescia’s paper shows the greater the income inequality in a state, on average, the greater the delinquency rate in that state or as Reid titled it, “the geography of inequality.”
Here’s the whole discussion: