Combating Inequality: Rethinking Government's RoleOlivier Blanchard, Dani Rodrik 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. |
Contents
Discussion of the Landscape | 31 |
What Kinds of Inequality Should Economists Address? | 49 |
Wealth Inequality and Politics | 67 |
The Political Obstacles to Tackling Economic Inequality | 85 |
A Modern Safety Net | 93 |
Why Was the China Shock So Shockingand What Does | 109 |
Rethinking Policies | 125 |
Would a Wealth Tax Help Combat Inequality? | 141 |
Could We and Should We Reverse Excessive Automation? | 163 |
Technological Change Income Inequality and Good Jobs | 177 |
Gender Inequality | 195 |
Guaranteeing Employment for All | 213 |
The Importance of Enforcement in Designing Effective | 227 |
Why Do We Not Support More Redistribution? | 263 |
Contributors | 277 |
Other editions - View all
Combating Inequality: Rethinking Government's Role Olivier Blanchard,Dani Rodrik Limited preview - 2021 |
Combating Inequality: Rethinking Government's Role Olivier Blanchard,Dani Rodrik Limited preview - 2021 |
Combating Inequality: Rethinking Government's Role Olivier Blanchard,Dani Rodrik Limited preview - 2023 |
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Acemoglu Alvaredo automation Autor average benefits Cambridge Chancel chapter Chetty child poverty China shock Daron Acemoglu David decades decline earnings economic inequality Economic Policy Economic Policy Institute economists effects EITC employers employment estimates Europe European federal job guarantee Figure firms funding gender Germany growth house prices Hoynes impact important incentives income and wealth income inequality income share income tax increase innovation Institute investment Journal of Economics labor market manufacturing million monopsony National OECD Peterson Institute Piketty political positive liberties poverty rate pretax income productivity programs progressive taxation redistribution reduce reform Research Restrepo revenue rich countries rise Saez and Zucman sector skills social mobility social safety social safety net spending Tax Credit tax progressivity tax rate taxation technologies tion trade trends unions United Kingdom universal basic income University Press wage wealth inequality wealth share wealth tax workers