The New Economics Of Inequality And Redistribution

Author : Samuel Bowles
Publisher : Cambridge University Press
ISBN 13 : 1107014034
Total Pages : 207 pages
Book Rating : 4.39/5 ( download)

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Download or read book The New Economics of Inequality and Redistribution written by Samuel Bowles and published by Cambridge University Press. This book was released on 2012-07-12 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating the latest results from behavioral economics and microeconomic theory, Samuel Bowles argues that conventional economics has mistakenly presented inequality as the price of progress. In place of this view, he offers a novel and optimistic account of the possibility of a more just economy.

Author : Professor Faculty of Economics Samuel Bowles
Publisher :
ISBN 13 : 9781139526012
Total Pages : 207 pages
Book Rating : 4.14/5 ( download)

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Download or read book The New Economics of Inequality and Redistribution written by Professor Faculty of Economics Samuel Bowles and published by . This book was released on 2012 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: A novel and optimistic account of the possibility of a more just economy.

Author : Thomas Piketty
Publisher : Harvard University Press
ISBN 13 : 0674504801
Total Pages : 153 pages
Book Rating : 4.06/5 ( download)

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Download or read book The Economics of Inequality written by Thomas Piketty and published by Harvard University Press. This book was released on 2015-08-03 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.

Author : Andrea Grisold
Publisher : Oxford University Press, USA
ISBN 13 : 0190053909
Total Pages : 277 pages
Book Rating : 4.01/5 ( download)

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Download or read book Economic Inequality and News Media written by Andrea Grisold and published by Oxford University Press, USA. This book was released on 2020 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends. Clearly, economic inequalities have become increasingly prominent issues in recent public debates, not least in the context of the latest Great Recession that followed from the financial crash in 2007, and attendant austerity regimes in many countries. This holds true for the debate in the wider public sphere as well as in many fields of academic study, not least in the two specific disciplinary areas most related to this book: political economy and media and journalism studies. Yet, in precisely those two academic fields we find important and parallel 'blindspots' which underline the distinctive focus and contribution of the present book: On the one hand, key issues related to economic inequalities (much like economic processes in general), have been much neglected in the academic fields specialising in news media and journalism studies. On the other hand, the major schools of theory and analysis in mainstream economics have paid relatively little explicit attention to the evolving scope, role or implications of mediated communication. This blindspot applies to both the conduct and performance of economic processes in general, as well as to engagement with the highly sensitive sub-arena of economic inequalities which is of particular interest in this book. In essence, this book is informed by the findings of a distinctive multi-country empirical research project undertaken by a multi-disciplinary team of researchers with economic, media and linguistic expertise. It explores how Piketty's book has been received and represented by news media based across four countries (Austria, Germany, Ireland and the United Kingdom) in the thirteen months following its publication. The primary aim of this book is to present the findings of a transdisciplinary and cross-national empirical study of news media coverage of economic inequality themes in four European countries. It focuses on the period following the launch of Thomas Piketty's (2014) high-profile and best-selling book 'Capital in the Twenty-First Century' (C21). This study is informed by a distinctive theoretical perspective drawing from institutional and political economy, media and journalism studies fields as well as critical discourse analysis. It is mindful of longer-term trends of rising economic inequality as well as the rather extraordinary series of electoral processes and redistribution policy outcomes across many electoral systems over recent decades. In sum, this book offers novel insights on key features of much-neglected links between how news media select, frame and discuss issues related to economic inequality and how such story-telling links to the specific aspects of the economic and public policy factors shaping the onward march of economic inequality in the long-run"--

Author : Wiemer Salverda
Publisher : Oxford University Press
ISBN 13 : 0199231370
Total Pages : 759 pages
Book Rating : 4.79/5 ( download)

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Download or read book The Oxford Handbook of Economic Inequality written by Wiemer Salverda and published by Oxford University Press. This book was released on 2009-02-19 with total page 759 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive analysis of economic inequality in developed countries. The contributors give their view on the state-of-the-art scientific research in their fields and add their own visions of future research.

Author : Leslie McCall
Publisher : Cambridge University Press
ISBN 13 : 1107027233
Total Pages : 319 pages
Book Rating : 4.37/5 ( download)

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Download or read book The Undeserving Rich written by Leslie McCall and published by Cambridge University Press. This book was released on 2013-03-29 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Chapter One Introduction: Thinking about Income Inequality In the past decade, we have witnessed one sensational event after another connected in some way to rising income inequality. As I write, it is the Occupy Wall Street movement, which is not only demanding greater economic and social equality for the bottom ninety-nine against the top one "percenters" but coining a new set of class categories in the process. Almost a decade ago, when I began research on American beliefs about rising inequality, it was the scandals surrounding Enron that were making front page news, with the pension funds of workers and retirees evaporating into thin air as the coffers of executives mysteriously survived. In between Enron and Occupy Wall Street, there is no shortage of occasions to reflect on the state of income inequality in the U.S. -the Bush tax cuts of 2001 and 2003, the outsourcing of middle class jobs to Ireland and India, Hurricane Katrina, the financial crisis and the Great Recession. At each turn in the road, reporters and commentators concerned about rising income inequality but dismayed by the lack of political attention given to the issue declared that finally it would be taken seriously. And this says nothing of the events prior to the 2000s, several of which pointed the finger at rising inequality just as vehemently, as I show in my analysis of media coverage of income inequality in chapter 3. Yet nothing has changed. Income inequality continues its rise to heights unfathomable just a few generations ago. The late public intellectual and eminent Harvard sociologist Daniel Bell wrote in 1973 that earnings inequality "will be one of the most vexing questions in a post-industrial society." Heconomies of the past"--

Author : Anthony B. Atkinson
Publisher : North Holland
ISBN 13 :
Total Pages : 938 pages
Book Rating : 4.86/5 ( download)

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Download or read book Handbook of Income Distribution written by Anthony B. Atkinson and published by North Holland. This book was released on 2000-06-07 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributional issues may not have always been among the main concerns of the economic profession. Today, in the beginning of the 2000s, the position is different. During the last quarter of a century, economic growth proved to be unsteady and rather slow on average. The situation of those at the bottom ceased to improve regularly as in the preceding fast growth and full-employment period. Europe has seen prolonged unemployment and there has been widening wage dispersion in a number of OECD countries. Rising affluence in rich countries coexists, in a number of such countries, with the persistence of poverty. As a consequence, it is difficult nowadays to think of an issue ranking high in the public economic debate without some strong explicit distributive implications. Monetary policy, fiscal policy, taxes, monetary or trade union, privatisation, price and competition regulation, the future of the Welfare State are all issues which are now often perceived as conflictual because of their strong redistributive content. Economists have responded quickly to the renewed general interest in distribution, and the contents of this Handbook are very different from those which would have been included had it been written ten or twenty years ago. It has now become common to have income distribution variables playing a pivotal role in economic models. The recent interest in the relationship between growth and distribution is a good example of this. The surge of political economy in the contemporary literature is also a route by which distribution is coming to re-occupy the place it deserves. Within economics itself, the development of models of imperfect information and informational asymmetries have not only provided a means of resolving the puzzle as to why identical workers get paid different amounts, but have also caused reconsideration of the efficiency of market outcomes. These models indicate that there may not necessarily be an efficiency/equity trade-off; it may be possible to make progress on both fronts. The introduction and subsequent 14 chapters of this Handbook cover in detail all these new developments, insisting at the same time on how they tie with the previous literature on income distribution. The overall perspective is intentionally broad. As with landscapes, adopting various points of view on a given issue may often be the only way of perceiving its essence or reality. Accordingly, income distribution issues in the various chapters of this volume are considered under their theoretical or their empirical side, under a normative or a positive angle, in connection with redistribution policy, in a micro or macro-economic context, in different institutional settings, at various point of space, in a historical or contemporaneous perspective. Specialized readers will go directly to the chapter dealing with the issue or using the approach they are interested in. For them, this Handbook will be a clear and sure reference. To more patient readers who will go through various chapters of this volume, this Handbook should provide the multi-faceted view that seems necessary for a deep understanding of most issues in the field of distribution. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Author : Michael Thompson
Publisher : Columbia University Press
ISBN 13 : 0231140754
Total Pages : 274 pages
Book Rating : 4.51/5 ( download)

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Download or read book The Politics of Inequality written by Michael Thompson and published by Columbia University Press. This book was released on 2012 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early days of the American republic, political thinkers have maintained that a grossly unequal division of property, wealth, and power would lead to the erosion of democratic life. Yet over the past thirty-five years, neoconservatives and neoliberals alike have redrawn the tenets of American liberalism. Nowhere is this more evident than in our current mainstream political discourse, in which the politics of economic inequality are rarely discussed. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism. He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Then he considers the change in ideas and values that have led to the acceptance and occasional legitimization of economic divisions. Thompson argues that American liberalism has made a profound departure from its original practice of egalitarian critique. It has all but abandoned its antihierarchical and antiaristocratic discourse. Only by resuscitating this tradition can democracy again become meaningful to Americans. The intellectuals who pioneered egalitarian thinking in America believed political and social relations should be free from all forms of domination, servitude, and dependency. They wished to expose the antidemocratic character of economic life under capitalism and hoped to prevent the kind of inequalities that compromise human dignity and freedom-the core principles of early American politics. In their wisdom is a much broader, more compelling view of democratic life and community than we have today, and with this book, Thompson eloquently and adamantly fights to recover this crucial strand of political thought. In this impassioned book, Michael J. Thompson reaches back into America's rich intellectual history to reclaim the politics of inequality from the distortion of recent American conservatism. He begins by tracing the development of the idea of economic inequality as it has been conceived by political thinkers throughout American history. Then he considers the change in ideas and values that have led to the acceptance and occasional legitimization of economic divisions. Thompson argues that American liberalism has made a profound departure from its original practice of egalitarian critique; it has all but abandoned its antihierarchical and antiaristocratic discourse. Only by resuscitating this tradition can democracy again become meaningful to Americans. The intellectuals who pioneered egalitarian thinking in America believed political and social relations should be free from all forms of domination, servitude, and dependency. They wished to expose the antidemocratic character of economic life under capitalism and hoped to prevent the kind of inequalities that compromise human dignity and freedom--the core principles of early American politics. In their wisdom is a much broader, more compelling view of democratic life and community than we have today, and with this book, Thompson eloquently and adamantly fights to recover this crucial strand of political thought.

Author : Mr.Jonathan David Ostry
Publisher : International Monetary Fund
ISBN 13 : 1484397657
Total Pages : 30 pages
Book Rating : 4.57/5 ( download)

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Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

Author : Mr.Jonathan David Ostry
Publisher : International Monetary Fund
ISBN 13 : 1484352076
Total Pages : 30 pages
Book Rating : 4.76/5 ( download)

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Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.