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

9781139530682 (electronic book)
1139530682 (electronic book)
9781139526012 (electronic book)
1139526014 (electronic book)
9781107014039
9781107601604
1107601606
9781139528405
1139528408

Cambridge : Cambridge University Press, 2012.

English

1 online resource (xvii, 188 pages) ill.

9786613840905

HB523 .B685 2012eb

339.2

"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"-- Provided by publisher.

Includes bibliographical references and index.

Access limited to authorized users.

Description based on print version record.

Federico Caffè lectures.

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