Combating inequality : rethinking government's role /
edited Olivier Blanchard and Dani Rodrik.
- xx, 287 pages : illustrations ; 24 cm
"Peterson Institute for International Economics" -- title page
Introduction: We Have the Tools to Reverse the Rise in Inequality / I: The Landscape -- 1. Ten Facts about Inequality in Advanced Economies / 2. Discussion of the Landscape / II: Ethical and Philosophical Dimensions -- 3. Time for New Philosophical Foundations for Economic Theory? / 4. What Kinds of Inequality Should Economists Address? / 5. Why Does Inequality Matter? / III: Political Dimensions -- 6. Wealth Inequality and Politics / 7. The Political Conditions Necessary for Addressing Inequality / 8. The Political Obstacles to Tackling Economic Inequality in the United States / IV: The Distribution of Human Capital -- 9. A Modern Safety Net / 10. Education's Untapped Potential / V: Policies toward Trade, Outsourcing, and Foreign Investment -- 11. Why Was the "China Shock" So Shocking-and What Does This Mean for Policy? / 12. Trade, Labor Markets, and the China Shock: What Can Be Learned from the German Experience? / 13. Combating Inequality: Rethinking Policies to Reduce Inequality in Advanced Economies / VI: The (Re)distribution of Financial Capital -- 14. How to Increase Taxes on the Rich (If You Must) / 15. Would a Wealth Tax Help Combat Inequality? / 16. Should We Tax Wealth? / VII: Policies That Affect the Rate and Direction of Technological Change -- 17. Could We and Should We Reverse (Excessive) Automation? / 18. Innovation and Inequality / 19. Technological Change, Income Inequality, and Good Jobs / VIII: Labor Market Policies, Institutions, and Social Norms -- 20. Gender Inequality / 21. Ownership Cures for Inequality / IX: Labor Market Tools -- 22. Guaranteeing Employment for All / 23. Making Work Work / 24. The Importance of Enforcement in Designing Effective Labor Market Tools / X: Social Safety Net -- 25. Enhancing Micro and Macro Resilience by Building on the Improvements in the Social Safety Net / 26. The Social Safety Net for Families with Children: What Is Working and How to Do More / XI: Progressive Taxation -- 27. Reflections on Taxation in Support of Redistributive Policies / 28. Why Do We Not Support More Redistribution? New Explanations from Economics Research / 29. Can a Wealth Tax Work? / Olivier Blanchard and Dani Rodrid -- Lucas Chancel -- Peter Diamond -- Danielle Allen -- Philippe Van Parijs -- T. M. Scanlon -- Ben Ansell -- Sheri Berman -- Nolan McCarty -- Jesse Rothstein, Lawrence F. Katz, and Michael Stynes -- Tharman Shanmugaratnam -- David Autor -- Christian Dustmann -- Caroline Freund -- N. Gregory Mankiw -- Lawrence H. Summers -- Emmanuel Saez -- Daron Acemoglu -- Philippe Aghion -- Laura D'Andrea Tyson -- Marianne Bertrand -- Richard B. Freeman -- William Darity Jr. -- David T. Ellwood -- Heidi Shierholz -- Jason Furman -- Hilary Hoynes -- Wojciech Kopczuk -- Stefanie Stantcheva -- Gabriel Zucman.
"Edited collection with contributions from notable economists on policy solutions to the problem of economic inequality in advanced economies"-- 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. The contributors express widespread agreement that we need to aim policies at economic inequality itself; deregulation and economic stimulus will not do the job. No longer does anyone ask, in relation to expanded social programs, “Can we pay for it?” And most believe that US taxes will have to rise—although they debate whether the progressivity should focus on the revenue side or the expenditure side, through broad-based taxes like the VAT or through a wealth tax aimed at the very top of the income scale. They also consider the philosophical aspects of inequality—whether it is bad in itself or because of its consequences; the risks and benefits of more radical interventions to change the nature of production and trade; and future policy directions. -- Provided by publisher
9780262045612 0262045613
2020008513
Income distribution--Government policy Equality--Economic aspects Equality--Government policy