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The New Economics of Inequality and Redistribution (Federico Caffè Lectures)

Samuel Bowles




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 | #1430184 in Books |  Cambridge University Press |  2012-08-27 |  2012-07-12 | Original language:English | PDF # 1 |  8.50 x.39 x5.43l,.65 | File type: PDF | 203 pages

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||3 of 4 people found the following review helpful.| Excellent, Accessible but Rigorous Study of Inequality, Redistributive Policy, and Economics. Beware Kindle Edition!|By Hugh Sansom|This is one of the finest books of its kind that I have seen. It is current, to-the-point, thorough, and significantly more accessible to non-economists than most comparable books written by economists. Bowles does approach these issues from a prog| |'Over the past forty years, the gap between rich and poor has widened dramatically in many industrialised countries, and what Americans call the 'middle class' has shrunk. Samuel Bowles argues that, quite apart from its moral dimension, such inequality is econ

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 th...

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