Why Redistribution Fails

Download Why Redistribution Fails full books in PDF, epub, and Kindle. Read online Why Redistribution Fails ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Why Redistribution Fails

Author : James Piereson
Publisher : Encounter Books
ISBN 13 : 1594038740
Total Pages : 32 pages
Book Rating : 4.5/5 (94 download)

DOWNLOAD NOW!

Book Synopsis Why Redistribution Fails by : James Piereson

Download or read book Why Redistribution Fails written by James Piereson and published by Encounter Books. This book was released on 2015-10-13 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Democratic presidential candidates, including Hillary Clinton and Bernie Sanders, along with progressive economists like Thomas Piketty and Paul Krugman, have made a case for redistributing income from the wealthy to the poor as a means of reducing inequalities in income and wealth. Meanwhile, public opinion polls show that voters reject programs of redistribution in favor of policies designed to promote overall economic growth and job creation. While voters are concerned about inequality, they are more skeptical of the capacity of the government to do anything about it without making matters worse for everyone. In this Broadside, James Piereson explains why the voters are right and the progressive politicians and economists are wrong. As he demonstrates, the progressive case is based upon a serious fallacy: it assumes that the government is actually capable of redistributing income from the wealthy to the poor. For reasons of policy, tradition, and constitutional design, this is not the case. The United States currently has one of the more progressive income tax systems in the industrial world but it does little to redistribute income from the wealthy to the poor. One reason for this is that, though the government spends vast sums on programs to aid the poor, most of these funds flow to providers of services rather than to the poor themselves. Thus, whatever one may think of inequality, redistributive tax and spending policies are unlikely to do much to ameliorate it but will instead line the pockets of providers and advocates who wield great influence in Washington.

Redistribution, Inequality, and Growth

Author : Mr.Jonathan David Ostry
Publisher : International Monetary Fund
ISBN 13 : 1484397657
Total Pages : 30 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry

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.

Democracy and Redistribution

Author : Carles Boix
Publisher : Cambridge University Press
ISBN 13 : 9780521532679
Total Pages : 284 pages
Book Rating : 4.5/5 (326 download)

DOWNLOAD NOW!

Book Synopsis Democracy and Redistribution by : Carles Boix

Download or read book Democracy and Redistribution written by Carles Boix and published by Cambridge University Press. This book was released on 2003-07-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employing analytical tools borrowed from game theory, Carles Boix offers a complete theory of political transitions, in which political regimes ultimately hinge on the nature of economic assets, their distribution among individuals, and the balance of power among different social groups. Backed up by detailed historical work and extensive statistical analysis that goes back to the mid-nineteenth century, this book explains, among many other things, why democracy emerged in classical Athens. It also discusses the early triumph of democracy in both nineteenth-century agrarian Norway, Switzerland and northeastern America and the failure in countries with a powerful landowning class.

Why Nations Fail

Author : Daron Acemoglu
Publisher : Currency
ISBN 13 : 0307719227
Total Pages : 546 pages
Book Rating : 4.3/5 (77 download)

DOWNLOAD NOW!

Book Synopsis Why Nations Fail by : Daron Acemoglu

Download or read book Why Nations Fail written by Daron Acemoglu and published by Currency. This book was released on 2013-09-17 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

The Ethics of Redistribution

Author : Baron Bertrand de Jouvenel
Publisher : Cambridge University Press
ISBN 13 : 9780521125864
Total Pages : 112 pages
Book Rating : 4.1/5 (258 download)

DOWNLOAD NOW!

Book Synopsis The Ethics of Redistribution by : Baron Bertrand de Jouvenel

Download or read book The Ethics of Redistribution written by Baron Bertrand de Jouvenel and published by Cambridge University Press. This book was released on 2010-01-14 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Ethics of Redistribution was originally delivered as a Boutwood Lecture at Corpus Christi College, Cambridge, in the autumn of 1949. The Baron Bertrand de Jouvenel was then an already internationally regarded philosopher whose learned style was a calculated blend of moral. historical and political considerations. In this essay, split between discussions of the socialist ideal and state expenditure, he presents the fraught economic, societal and ethical implications attendant upon the question of income redistribution.

Stuck in the Middle

Author : Antonio Estache
Publisher : Rowman & Littlefield
ISBN 13 : 0815703457
Total Pages : 209 pages
Book Rating : 4.8/5 (157 download)

DOWNLOAD NOW!

Book Synopsis Stuck in the Middle by : Antonio Estache

Download or read book Stuck in the Middle written by Antonio Estache and published by Rowman & Littlefield. This book was released on 2009-10-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stuck in the Middle examines both economic and social public policy initiatives in its assertion that enhancing the welfare of people in developed and developing nations requires an explicit focus on the middle class. Contents Foreword 1. Overview: Fiscal Policy, Distribution, and the Middle Class 2. Stylized Facts on the Middle Class and the Development Process 3. The Future of Global Income Inequality 4. The Scope and Limits of Subsidies 5. Policies for Lower Global Wealth Inequality 6. Can Happiness Research Help Fiscal Policy? 7. The Politics of Effective and Sustainable Redistribution

Economic Inequality and Income Distribution

Author : D. G. Champernowne
Publisher : Cambridge University Press
ISBN 13 : 9780521589598
Total Pages : 432 pages
Book Rating : 4.5/5 (895 download)

DOWNLOAD NOW!

Book Synopsis Economic Inequality and Income Distribution by : D. G. Champernowne

Download or read book Economic Inequality and Income Distribution written by D. G. Champernowne and published by Cambridge University Press. This book was released on 1998 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic inequality has become a focus of prime interest for economic analysts and policy makers. This book provides an integrated approach to the topics of inequality and personal income distribution. It covers the practical and theoretical bases for inequality analysis, applications to real world problems and the foundations of theoretical approaches to income distribution. It also analyses models of the distribution of labour earnings and of income from wealth. The long-run development of income - and wealth - distribution over many generations is also examined. Special attention is given to an assessment of the merits and weaknesses of standard economic models, to illustrating the implications of distributional mechanisms using real data and illustrative examples, and to providing graphical interpretation of formal arguments. Examples are drawn from US, UK and international sources.

The Great Gap

Author : Merike Blofield
Publisher : Penn State Press
ISBN 13 : 0271050098
Total Pages : 418 pages
Book Rating : 4.2/5 (71 download)

DOWNLOAD NOW!

Book Synopsis The Great Gap by : Merike Blofield

Download or read book The Great Gap written by Merike Blofield and published by Penn State Press. This book was released on 2011 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A collection of essays addressing the relationship between inequality and politics in Latin America. Examines the socioeconomic context and inequality of opportunities; elite culture, public opinion, and media framing; capital mobility, campaign financing, representation and gender equality policies; and taxation and social policies"--Provided by publisher.

Forbearance as Redistribution

Author : Alisha Holland
Publisher : Cambridge University Press
ISBN 13 : 1107174074
Total Pages : 399 pages
Book Rating : 4.1/5 (71 download)

DOWNLOAD NOW!

Book Synopsis Forbearance as Redistribution by : Alisha Holland

Download or read book Forbearance as Redistribution written by Alisha Holland and published by Cambridge University Press. This book was released on 2017-06-16 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explains why and when laws go unenforced in developing countries. It argues that the tolerance of street vending and squatting is a form of informal welfare provision and a more effective means to mobilize the poor than conventional state social policies.

Whither Socialism?

Author : Joseph E. Stiglitz
Publisher : MIT Press
ISBN 13 : 9780262691826
Total Pages : 360 pages
Book Rating : 4.6/5 (918 download)

DOWNLOAD NOW!

Book Synopsis Whither Socialism? by : Joseph E. Stiglitz

Download or read book Whither Socialism? written by Joseph E. Stiglitz and published by MIT Press. This book was released on 1996-01-31 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid collapse of socialism has raised new economic policy questions and revived old theoretical issues. In this book, Joseph Stiglitz explains how the neoclassical, or Walrasian model (the formal articulation of Adam Smith's invisible hand), which has dominated economic thought over the past half century, may have wrongly encouraged the belief that market socialism could work. Stiglitz proposes an alternative model, based on the economics of information, that provides greater theoretical insight into the workings of a market economy and clearer guidance for the setting of policy in transitional economies. Stiglitz sees the critical failing in the standard neoclassical model underlying market socialism to be its assumptions concerning information, particularly its failure to consider the problems that arise from lack of perfect information and from the costs of acquiring information. He also identifies problems arising from its assumptions concerning completeness of markets, competitiveness of markets, and the absence of innovation. Stiglitz argues that not only did the existing paradigm fail to provide much guidance on the vital question of the choice of economic systems, the advice it did provide was often misleading.

What We Owe Each Other

Author : Minouche Shafik
Publisher : Princeton University Press
ISBN 13 : 069120764X
Total Pages : 256 pages
Book Rating : 4.6/5 (912 download)

DOWNLOAD NOW!

Book Synopsis What We Owe Each Other by : Minouche Shafik

Download or read book What We Owe Each Other written by Minouche Shafik and published by Princeton University Press. This book was released on 2022-08-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.

Globalization and Egalitarian Redistribution

Author : Pranab K. Bardhan
Publisher : Princeton University Press
ISBN 13 : 9780691125190
Total Pages : 352 pages
Book Rating : 4.1/5 (251 download)

DOWNLOAD NOW!

Book Synopsis Globalization and Egalitarian Redistribution by : Pranab K. Bardhan

Download or read book Globalization and Egalitarian Redistribution written by Pranab K. Bardhan and published by Princeton University Press. This book was released on 2006 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonstrates that the free flow of goods, capital, and labor has increased the inequality or volatility of labor earnings in advanced industrial societies, while constraining governments' ability to tax the winners to compensate the workers for their loss. This book looks at how globalization affects policies aimed at reducing inequalities.

The Lion's Share

Author : Guido Alfani
Publisher : Cambridge University Press
ISBN 13 : 110847621X
Total Pages : 245 pages
Book Rating : 4.1/5 (84 download)

DOWNLOAD NOW!

Book Synopsis The Lion's Share by : Guido Alfani

Download or read book The Lion's Share written by Guido Alfani and published by Cambridge University Press. This book was released on 2019-02-07 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the most in-depth analysis of inequality and social polarization ever attempted for a preindustrial society. Using data from the archives of the Venetian Terraferma, and compared with information available for elsewhere in Europe, Guido Alfani and Matteo Di Tullio demonstrate that the rise of the fiscal-military state served to increase economic inequality in the early modern period. Preindustrial fiscal systems tended to be regressive in nature, and increased post-tax inequality compared to pre-tax - in contrast to what we would assume is the case in contemporary societies. This led to greater and greater disparities in wealth, which were made worse still as taxes were collected almost entirely to fund war and defence rather than social welfare. Though focused on Old Regime Europe, Alfani and Di Tullio's findings speak to contemporary debates about the roots of inequality and social stratification.

When All Else Fails

Author : David A. Moss
Publisher : Harvard University Press
ISBN 13 : 9780674016095
Total Pages : 472 pages
Book Rating : 4.0/5 (16 download)

DOWNLOAD NOW!

Book Synopsis When All Else Fails by : David A. Moss

Download or read book When All Else Fails written by David A. Moss and published by Harvard University Press. This book was released on 2004-10-25 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important functions of government—risk management—is one of the least well understood. Moving beyond familiar public functions—spending, taxation, and regulation—Moss spotlights government's pivotal role as a risk manager, revealing the nature and extent of this function, which touches almost every aspect of economic life.

The Citizen's Share

Author : Joseph R. Blasi
Publisher : Yale University Press
ISBN 13 : 0300195060
Total Pages : 292 pages
Book Rating : 4.3/5 (1 download)

DOWNLOAD NOW!

Book Synopsis The Citizen's Share by : Joseph R. Blasi

Download or read book The Citizen's Share written by Joseph R. Blasi and published by Yale University Press. This book was released on 2013-11-26 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea of workers owning the businesses where they work is not new. In America’s early years, Washington, Adams, Jefferson, and Madison believed that the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital. This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation.div /DIVdivBased on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders’ original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas at their best./DIV

The Economic Other

Author : Meghan Condon
Publisher : University of Chicago Press
ISBN 13 : 022669190X
Total Pages : 287 pages
Book Rating : 4.2/5 (266 download)

DOWNLOAD NOW!

Book Synopsis The Economic Other by : Meghan Condon

Download or read book The Economic Other written by Meghan Condon and published by University of Chicago Press. This book was released on 2020-08-13 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic inequality is at a record high in the United States, but public demand for redistribution is not rising with it. Meghan Condon and Amber Wichowsky show that this paradox and other mysteries about class and US politics can be solved through a focus on social comparison. Powerful currents compete to propel attention up or down—toward the rich or the poor—pulling politics along in the wake. Through an astute blend of experiments, surveys, and descriptions people offer in their own words, The Economic Other reveals that when less-advantaged Americans compare with the rich, they become more accurate about their own status and want more from government. But American society is structured to prevent upward comparison. In an increasingly divided, anxious nation, opportunities to interact with the country’s richest are shrinking, and people prefer to compare to those below to feel secure. Even when comparison with the rich does occur, many lose confidence in their power to effect change. Laying bare how social comparisons drive political attitudes, The Economic Other is an essential look at the stubborn plight of inequality and the measures needed to solve it.

Why Government Succeeds and Why It Fails

Author : Amihai Glazer
Publisher : Harvard University Press
ISBN 13 : 9780674037632
Total Pages : 230 pages
Book Rating : 4.0/5 (376 download)

DOWNLOAD NOW!

Book Synopsis Why Government Succeeds and Why It Fails by : Amihai Glazer

Download or read book Why Government Succeeds and Why It Fails written by Amihai Glazer and published by Harvard University Press. This book was released on 2009-07-01 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks beyond politics to show how the ability of the U.S. government to implement policies is strongly affected by various economic constraints. These include the credibility of the policies, the ability of government to commit to them, the extent to which firms and consumers rationally anticipate their effects, whether the success of a policy further encourages firms and individuals to behave in intended ways, and whether the behavior of such actors can be sustained without continued government intervention. The authors apply these concepts to four areas of policy: macroeconomic policies to promote employment and economic growth, redistributive policies to benefit the poor and the elderly, production policies to provide goods and services, and regulatory policies to guide the behavior of firms and individuals. In doing so they provide plausible explanations of many puzzling phenomena--for example, why government has been successful in reducing cigarette smoking, but has failed to get people to install and maintain emission-control devices in their cars. This book recasts debates about public policy, avoiding conventional pro-government or anti-government positions; rather, it helps to predict when public policy will succeed.