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Economic Inequality and Policy Control in the United States

Autor M. Stelzner
en Limba Engleză Hardback – 23 ian 2015
The income share of the top one percent of the population in the United States has increased from a little over nine percent of national income in the 1970s to 22.46 percent in 2012 a 144 percent increase. What is driving this astronomic growth in incomes for some? Is it possibly the result of non-meritorious forces? If so, how has this incredibly unequal development coexisted, and indeed worsened, in a political system based on equality? In Economic Inequality and Policy Control in the United States, Stelzner tackles each of these questions, and, in order to further develop understanding, Stelzner looks to the past and analyzes our experience with income inequality and the orientation of laws and institutions from the Gilded Age through the New and Fair Deal. He concludes that we have the tools to tackle inequality at present the same policies we used during the New and Fair Deal. However, in order to make change durable, we have to eliminate the undemocratic elements of our political system.
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Specificații

ISBN-13: 9781137389640
ISBN-10: 1137389648
Pagini: 108
Ilustrații: VIII, 108 p.
Dimensiuni: 140 x 216 x 11 mm
Greutate: 0.3 kg
Ediția:2015
Editura: Palgrave Macmillan US
Colecția Palgrave Pivot
Locul publicării:New York, United States

Cuprins

1. Income Inequality in the United States Today 2. Changing the Rules of the Game 3. The Gilded Age, the Progressive Era, and the New Era 4. Mixed Results 5. Cycles of Policy Control 6. How Do We Fix It?

Notă biografică

Mark Stelzner is Assistant Professor of Economics at Nazarbayev University, Kazakhstan. He earned his Ph.D. in economics from the University of Massachusetts, Amherst, USA. Stelzner s primary research interests are income inequality, institutions, and the political underpinnings of the economic system.