For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
Many feminists urge a transition toward a dual-earner/dual-carer system in which women and men alike earn money and provide unpaid care for their families and communities. But is this possible in the current economic system?
Emmanuel Saez is a professor of economics at the University of California-Berkeley. Gabriel Zucman is an associate professor of economics at the University of California-Berkeley.
