Increasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare function under certain constrain…
"What is freedom? Canwemeasure it? Does it affect policy? This book develops an original measure of freedom called autonomy freedom, consistent with J.S. Mill's view of autonomy, and applies it to issues in policy and political design. The work pursues three aims. First, it exte…
The United States is more vulnerable today than ever before-including during the Great Depression and the Civil War-because the pillars of democracy that once supported a booming middle class have been corrupted, and without them, America teeters on the verge of the next Great C…
La répartition des richesses est l'une des questions les plus débattues aujourd'hui. Pour les uns, les inégalités n'en finiraient pas de se creuser dans un monde toujours plus injuste. Pour les autres, on assisterait à une réduction naturelle des écarts et toute intervention ris…
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 …
A sobering account of a disenfranchised American working class and important policy solutions to the nation's economic inequalities. One of the country's leading scholars on economics and social policy, Isabel Sawhill addresses the enormous divisions in American society--economi…
Thomas Piketty's Capital in the Twenty-First Century reached the top of most best-seller lists last year shortly after it was released. Nonetheless, few people actually read the book. Yet reviewers have agreed that the book is important because it touches on one of the major pro…
Introduction -- Legends of the fall -- Inequality -- Profit, progress, and the middle path -- Immigration -- Let the right ones in -- Islamic extremism -- Help your enemies defeat themselves -- Civil war -- A rough reconciliation -- Corruption -- The benefits of beginning at the…
"Oil to Cash explores one option that may help avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives…
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have bee…
