The Financialization of the American Economy

@article{Krippner2005TheFO,
  title={The Financialization of the American Economy},
  author={Greta R. Krippner},
  journal={Socio-economic Review},
  year={2005},
  volume={3},
  pages={173-208}
}
This paper presents systematic empirical evidence for the financialization of the US economy in the post-1970s period. While numerous researchers have noted the increasing salience of finance, there have been few systematic attempts to consider what this shift means for the nature of the economy, considered broadly. In large part, this omission reflects the considerable methodological difficulties associated with using national economic data to assess the rise of finance as a macro-level… 
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The Real Economy: Conceptualization and Dynamics
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    SSRN Electronic Journal
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In the economic literature one often encounters the reference to the real economy. The term is used to distinguish from the financial side of the economy, also known as the financial sector. Except
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