The New Economics of Inequality and Redistribution

Business & Finance, Economics, Microeconomics
Cover of the book The New Economics of Inequality and Redistribution by Samuel Bowles, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Samuel Bowles ISBN: 9781139539999
Publisher: Cambridge University Press Publication: July 12, 2012
Imprint: Cambridge University Press Language: English
Author: Samuel Bowles
ISBN: 9781139539999
Publisher: Cambridge University Press
Publication: July 12, 2012
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Cambridge University Press

Cover of the book Material Texts in Early Modern England by Samuel Bowles
Cover of the book Gardens of the Roman Empire by Samuel Bowles
Cover of the book Selling Shakespeare by Samuel Bowles
Cover of the book The Last Great War by Samuel Bowles
Cover of the book A History of Theatre in Spain by Samuel Bowles
Cover of the book Pediatric Bioethics by Samuel Bowles
Cover of the book Representing Space in the Scientific Revolution by Samuel Bowles
Cover of the book Physical Mathematics by Samuel Bowles
Cover of the book The Cambridge Guide to the Solar System by Samuel Bowles
Cover of the book Behavioral Rationality and Heterogeneous Expectations in Complex Economic Systems by Samuel Bowles
Cover of the book Nations and Firms in the Global Economy by Samuel Bowles
Cover of the book The Cambridge Manual of Latin Epigraphy by Samuel Bowles
Cover of the book Aristotle on the Nature of Truth by Samuel Bowles
Cover of the book The Cambridge Companion to Medieval French Literature by Samuel Bowles
Cover of the book Critical Perspectives on Applied Theatre by Samuel Bowles
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy