The new economics of inequality and redistribution / Samuel Bowles in collaboration with Christina Fong, Herbert Gintis, Arjun Jayadev, and Ugo Pagano.

Bowles, Samuel.
Call Number
339.2
Author
Bowles, Samuel, author.
Title
The new economics of inequality and redistribution / Samuel Bowles in collaboration with Christina Fong, Herbert Gintis, Arjun Jayadev, and Ugo Pagano.
The New Economics of Inequality & Redistribution
Physical Description
1 online resource (xvii, 188 pages) : digital, PDF file(s).
Series
Federico Caffe` lectures
Notes
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Contents
Machine generated contents note: List of figures; List of tables; Preface; 1. The new economics of inequality and redistribution; 2. The economic cost of wealth inequality; 3. Feasible egalitarianism in a competitive world; 4. Cosmopolitans, parochials and the politics of social insurance; 5. Altruism, reciprocity, and the politics of egalitarian redistribution; 6. Conclusion; Appendices; Works cited; Index.
Summary
Economists warn that policies to level the economic playing field come with a hefty price tag. But this so-called 'equality-efficiency trade-off' has proven difficult to document. The data suggest, instead, that the extraordinary levels of economic inequality now experienced in many economies are detrimental to the economy. Moreover, recent economic experiments and other evidence confirm that most citizens are committed to fairness and are willing to sacrifice to help those less fortunate than themselves. Incorporating the latest results from behavioral economics and the new microeconomics of credit and labor markets, Bowles shows that escalating economic disparity is not the unavoidable price of progress. Rather it is policy choice - often a very costly one. Here drawing on his experience both as a policy advisor and an academic economist, he offers an alternative direction, a novel and optimistic account of a more just and better working economy.
Subject
INCOME DISTRIBUTION.
Fairness.
Multimedia
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No Reviews to Display
Summary
Economists warn that policies to level the economic playing field come with a hefty price tag. But this so-called 'equality-efficiency trade-off' has proven difficult to document. The data suggest, instead, that the extraordinary levels of economic inequality now experienced in many economies are detrimental to the economy. Moreover, recent economic experiments and other evidence confirm that most citizens are committed to fairness and are willing to sacrifice to help those less fortunate than themselves. Incorporating the latest results from behavioral economics and the new microeconomics of credit and labor markets, Bowles shows that escalating economic disparity is not the unavoidable price of progress. Rather it is policy choice - often a very costly one. Here drawing on his experience both as a policy advisor and an academic economist, he offers an alternative direction, a novel and optimistic account of a more just and better working economy.
Notes
Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Contents
Machine generated contents note: List of figures; List of tables; Preface; 1. The new economics of inequality and redistribution; 2. The economic cost of wealth inequality; 3. Feasible egalitarianism in a competitive world; 4. Cosmopolitans, parochials and the politics of social insurance; 5. Altruism, reciprocity, and the politics of egalitarian redistribution; 6. Conclusion; Appendices; Works cited; Index.
Subject
INCOME DISTRIBUTION.
Fairness.
Multimedia