Research Catalog

Title

The new economics of inequality and redistribution / Samuel Bowles in collaboration with Christina Fong, Herbert Gintis, Arjun Jayadev, and Ugo Pagano.

Author

Bowles, Samuel.

Publication

Cambridge, UK : Cambridge University Press, 2012, ©2012.

Items in the Library & Off-site

Holdings

Details

Additional Authors

• Fong, Christina M., 1968-
• Gintis, Herbert.
• Pagano, Ugo, 1951-

Description

xvii, 188 pages : illustrations; 22 cm.

Summary

• "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 those less fortunate than themselves. Incorporating the latest results from behavioral economics and the new microeconomics of credit and labor markets, Bowles shows that escalating economic disparity is not the unavoidable price of progress. Rather it is policy choice - often a very costly one. Here drawing on his experience both as a policy advisor and an academic economist, Samuel Bowles offers an alternative direction, a novel and optimistic account of a more just and better working economy"--
• "The New Economics of Inequality and Redistribution 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 those less fortunate than themselves. Incorporating the latest results from behavioural economics, the new microeconomics of credit and labor markets, Bowles shows that escalating economic disparity is not the unavoidable price of progress. Rather it is policy choice - often a very costly one"--

Series Statement

Federico Caffè lectures

Uniform Title

Federico Caffè lectures.

Subject

• Income distribution
• Fairness
• BUSINESS & ECONOMICS / Economics / Microeconomics

Bibliography (note)

• Includes bibliographical references (pages 171-183) and index.

Contents

1. The new economics of inequality and redistribution -- 2. The economic cost of wealth inequality -- 3. Feasible egalitarianism in a competitive world -- 4. Globalization, cultural strandardization, and the politics of social insurance -- 5. Reciprocity, altruism, and the politics of redistribution -- 6. Conclusion: the new (not so dismal) science of ineuqlity and redistribution.

ISBN

• 9781107601604 (pbk.)
• 1107601606 (pbk.)
• 1107014034
• 9781107014039

LCCN

• 2012004203
• 99950429133

OCLC

• ocn777251226
• 777251226
• SCSB-5657367

Owning Institutions

Columbia University Libraries