in Cambridge Journal of Economics
September 2014; p ublished online March 2014 .
Journal Article. Subjects: Welfare and Poverty; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development. 12533 words.
This paper focuses on the apparent bulimia of US consumers and its role in the recent crisis. We seek to show how various characteristics of American society and the US economy are related...