Combating Inequality: Rethinking Government's Role

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Olivier Blanchard, Dani Rodrik
MIT Press, 02.02.2021 - 312 Seiten
Leading economists and policymakers consider what economic tools are most effective in reversing the rise in inequality.

Economic inequality is the defining issue of our time. In the United States, the wealth share of the top 1% has risen from 25% in the late 1970s to around 40% today. The percentage of children earning more than their parents has fallen from 90% in the 1940s to around 50% today. In Combating Inequality, leading economists, many of them current or former policymakers, bring good news: we have the tools to reverse the rise in inequality. In their discussions, they consider which of these tools are the most effective at doing so.
 

Inhalt

Ten Facts about Inequality in Advanced Economies
3
Time for New Philosophical Foundations
41
What Kinds of Inequality Should Economists Address?
49
Why Does Inequality Matter?
59
Wealth Inequality and Politics
67
The Political Conditions Necessary for Addressing Inequality
75
The Political Obstacles to Tackling Economic Inequality
85
A Modern Safety Net
93
Would a Wealth Tax Help Combat Inequality?
141
Could We and Should We Reverse Excessive Automation?
163
Technological Change Income Inequality and Good Jobs
177
Gender Inequality
195
Guaranteeing Employment for All
213
The Importance of Enforcement in Designing Effective
227
Why Do We Not Support More Redistribution?
263
Contributors
277

Why Was the China Shock So Shocking and What Does
109
Rethinking Policies
125

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Autoren-Profil (2021)

Olivier Blanchard is C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics and Robert Solow Professor of Economics Emeritus at MIT. He was Chief Economist at the International Monetary Fund from 2008 to 2015. Dani Rodrik is Ford Foundation Professor of International Political Economy at Harvard's John F. Kennedy School of Government and President-Elect of the International Economic Association.

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