The Economics of Inequality

The Economics of Inequality

Author: Thomas Piketty

Publisher: Harvard University Press

Published: 2015-08-03

Total Pages: 153

ISBN-13: 0674504801

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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.


The Economics of Inequality

The Economics of Inequality

Author: Anthony Barnes Atkinson

Publisher: Oxford [Oxfordshire] : Clarendon Press ; New York : Oxford University Press

Published: 1983

Total Pages: 350

ISBN-13:

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This is a substantially rewritten edition of an acclaimed examination of income and wealth distribution. Atkinson explains, through economic analysis, the observed differences in income and wealth and considers the impact of government measures, particularly taxation, on income and wealth redistribution.


The Economics of Inequality, Poverty, and Discrimination in the 21st Century

The Economics of Inequality, Poverty, and Discrimination in the 21st Century

Author: Robert S. Rycroft

Publisher: Bloomsbury Publishing USA

Published: 2013-03-07

Total Pages: 496

ISBN-13:

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Leading scholars examine the conflicting paradigms of affluence and destitution in the United States—as well as other free societies—and discuss the influence of education, race, and status on economic mobility. While recent catastrophic events in New Orleans and Haiti may have magnified issues of social inequity, leaders have debated over poverty and discrimination for decades. Are the poor disadvantaged by the institutions of society or by the choices they make? Through two insightful volumes, the author examines differing academic and political perspectives to help shed light on the causes of poverty and inequality; the role that gender, race, age, or sexual preference plays in determining opportunity; and the effectiveness of current social and economic policies in balancing the inequity among disparate groups. The Economics of Inequality, Poverty, and Discrimination in the 21st Century consists of 2 volumes containing 32 papers divided into 5 categories: measurement, inequality and mobility, institutions and choices, demographic groups and discrimination, and policy. The papers—written by economists, sociologists, philosophers and lawyers—deal with the extent of inequality in the United States and how it compares to other countries, and the newly emerging evidence on the relationship between inequality and mobility within a society.


After Piketty

After Piketty

Author: Heather Boushey

Publisher: Harvard University Press

Published: 2017-05-08

Total Pages: 475

ISBN-13: 067497817X

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A Foreign Affairs Best Book of the Year “An intellectual excursion of a kind rarely offered by modern economics.” —Foreign Affairs Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists—including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence—tackle these questions in dialogue with Piketty. “A fantastic introduction to Piketty’s main argument in Capital, and to some of the main criticisms, including doubt that his key equation...showing that returns on capital grow faster than the economy—will hold true in the long run.” —Nature “Piketty’s work...laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge.” —Justin Wolfers, University of Michigan


Unbound

Unbound

Author: Heather Boushey

Publisher: Harvard University Press

Published: 2019-10-15

Total Pages: 305

ISBN-13: 0674919319

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A Financial Times Book of the Year “The strongest documentation I have seen for the many ways in which inequality is harmful to economic growth.” —Jason Furman “A timely and very useful guide...Boushey assimilates a great deal of recent economic research and argues that it amounts to a paradigm shift.” —New Yorker Do we have to choose between equality and prosperity? Decisions made over the past fifty years have created underlying fragilities in our society that make our economy less effective in good times and less resilient to shocks, such as today’s coronavirus pandemic. Many think tackling inequality would require such heavy-handed interference that it would stifle economic growth. But a careful look at the data suggests nothing could be further from the truth—and that reducing inequality is in fact key to delivering future prosperity. Presenting cutting-edge economics with verve, Heather Boushey shows how rising inequality is a drain on talent, ideas, and innovation, leading to a concentration of capital and a damaging under-investment in schools, infrastructure, and other public goods. We know inequality is fueling social unrest. Boushey shows persuasively that it is also a serious drag on growth. “In this outstanding book, Heather Boushey...shows that, beyond a point, inequality damages the economy by limiting the quantity and quality of human capital and skills, blocking access to opportunity, underfunding public services, facilitating predatory rent-seeking, weakening aggregate demand, and increasing reliance on unsustainable credit.” —Martin Wolf, Financial Times “Think rising levels of inequality are just an inevitable outcome of our market-driven economy? Then you should read Boushey’s well-argued, well-documented explanation of why you’re wrong.” —David Rotman, MIT Technology Review


The Economics of Inequality, Discrimination, Poverty, and Mobility

The Economics of Inequality, Discrimination, Poverty, and Mobility

Author: Robert Rycroft

Publisher: M.E. Sharpe

Published: 2009-07-01

Total Pages:

ISBN-13: 076562821X

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Thoroughly classroom tested, this introductory-level text surveys what economists have to say about inequality (or income and wealth distribution), poverty, mobility - both intragenerational (within careers), and intergenerational (between generations) - and discrimination (on the basis of race, ethnicity, age, gender, and many other factors) in the United States. This text brings the undergraduate treatment of these issues up-to-date, featuring detailed, but not mathematical, examination of the economic theory underlying the analysis. There is a greater emphasis on mobility, on wealth accumulation, distribution and inheritance, and on discrimination law than in other texts. The author provides full and fair treatment of competing sides in several of the controversial issues in the field, written in such a way that instructors can use the text material to motivate a variety of classroom discussions. An Instructor's Manual featuring solutions to the end-of-chapter questions is available online to adoptors.


The Political Economy of Inequality

The Political Economy of Inequality

Author: Frank Stilwell

Publisher: John Wiley & Sons

Published: 2019-05-10

Total Pages: 256

ISBN-13: 1509528687

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During the last few decades, the gap between the incomes, wealth and living standards of rich and poor people has increased in most countries. Economic inequality has become a defining issue of our age. In this book, leading political economist Frank Stilwell provides a comprehensive overview of the nature, causes, and consequences of this growing divide. He shows how we can understand inequalities of wealth and incomes, globally and nationally, examines the scale of the problem and explains how it affects our wellbeing. He also shows that, although governments are often committed to ‘growth at all costs’ and ‘trickle down’ economics, there are alternative public policies that could be used to narrow the gap between rich and poor. Stilwell’s engaging and clear guide to the issues will be indispensable reading for all students, general readers and scholars interested in inequality in political economy, economics, public policy and beyond.


Meritocracy and Economic Inequality

Meritocracy and Economic Inequality

Author: Kenneth Arrow

Publisher: Princeton University Press

Published: 2018-06-26

Total Pages: 367

ISBN-13: 069119033X

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Most Americans strongly favor equality of opportunity if not outcome, but many are weary of poverty's seeming immunity to public policy. This helps to explain the recent attention paid to cultural and genetic explanations of persistent poverty, including claims that economic inequality is a function of intellectual ability, as well as more subtle depictions of the United States as a meritocracy where barriers to achievement are personal--either voluntary or inherited--rather than systemic. This volume of original essays by luminaries in the economic, social, and biological sciences, however, confirms mounting evidence that the connection between intelligence and inequality is surprisingly weak and demonstrates that targeted educational and economic reforms can reduce the income gap and improve the country's aggregate productivity and economic well-being. It also offers a novel agenda of equal access to valuable associations. Amartya Sen, John Roemer, Robert M. Hauser, Glenn Loury, Orley Ashenfelter, and others sift and analyze the latest arguments and quantitative findings on equality in order to explain how merit is and should be defined, how economic rewards are distributed, and how patterns of economic success persist across generations. Moving well beyond exploration, they draw specific conclusions that are bold yet empirically grounded, finding that schooling improves occupational success in ways unrelated to cognitive ability, that IQ is not a strong independent predictor of economic success, and that people's associations--their neighborhoods, working groups, and other social ties--significantly explain many of the poverty traps we observe. The optimistic message of this beautifully edited book is that important violations of equality of opportunity do exist but can be attenuated by policies that will serve the general economy. Policy makers will read with interest concrete suggestions for crafting economically beneficial anti-discrimination measures, enhancing educational and associational opportunity, and centering economic reforms in community-based institutions. Here is an example of some of our most brilliant social thinkers using the most advanced techniques that their disciplines have to offer to tackle an issue of great social importance.


Combating Inequality

Combating Inequality

Author: Olivier Blanchard

Publisher: MIT Press

Published: 2021-02-02

Total Pages: 313

ISBN-13: 0262045613

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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.