The Captured Economy: How the Powerful Become Richer, Slow Down Growth, and Increase Inequality
| Author | : | |
| Rating | : | 4.80 (524 Votes) |
| Asin | : | 019062776X |
| Format Type | : | paperback |
| Number of Pages | : | 232 Pages |
| Publish Date | : | 2015-03-08 |
| Language | : | English |
DESCRIPTION:
A powerful and original interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and the social tensions they are sparking.. Teles argue that one cause-state action to entrench privilege by subverting market competition - is common to both. Economists have long taught that there is a tradeoff between efficiency and equity -- that is, between making a bigger pie and dividing it more fairly. Lindsey and Teles are realistic about the chances for reform, but they offer a set of promising strategies to improve democratic deliberation and open pathways for meaningful policy change. Both problems have many causes, but Brink Lindsey and Steven M. This idea is what makes our current predicament so puzzling: today we are faced with both a stagnating economy and sky-high inequality. Lindsey and Teles document
Brink Lindsey is Vice President of The Cato Institute, and author of The Age of Abundance and Human Capitalism.Steven M. Teles is an Associate Professor of Political Science at Johns Hopkins University. He is the author of The Rise of the Conservative Legal Movement, and co-author of Prison Break.
Teles is an Associate Professor of Political Science at Johns Hopkins University. He is the author of The Rise of the Conservative Legal Movement, and co-author of Prison Break.. About the AuthorBrink Lindsey is Vice President of The Cato Institute, and author of The Age of Abundance and Human Capitalism.Steven M