The new economics of inequality and redistribution

Author(s)

• Bowles, Samuel
• Fong, Christina
• Gintis, Herbert
• Jayadev, Arjun
• Pagano, Ugo

Bibliographic Information

The new economics of inequality and redistribution

Samuel Bowles ; in collaboration with Christina Fong ... [et al.]

（Federico Caffè lectures）

Cambridge University Press, 2012

• : hardback
• : pbk

Note

Other collaborators: Herbert Gintis, Arjun Jayadev, and Ugo Pagano

Includes bibliographical references (p. 171-183) and index

Description and Table of Contents

Description

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.

Table of Contents

• 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.

by "Nielsen BookData"

Details

• NCID: BB09816255
• ISBN:
  • 9781107014039
  • 9781107601604
• LCCN: 2012004203
• Country Code: uk
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Cambridge
• Pages/Volumes: xvii, 188 p.
• Size: 23 cm
• Classification:
  • DC23 : 339.2
• Subject Headings:
  • LCSH : Distribution (Economic theory)
  • LCSH : Equality
• Parent Bibliography ID:
  • BA52095896