Economy Efficiency And Equality PDF Download
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Author | : Arthur M. Okun |
Publisher | : Brookings Institution Press |
Total Pages | : 171 |
Release | : 2015-04-30 |
Genre | : Business & Economics |
ISBN | : 0815726546 |
Download Equality and Efficiency REV Book in PDF, ePub and Kindle
Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers
Author | : Jonathan P. Sher |
Publisher | : |
Total Pages | : 52 |
Release | : 1976 |
Genre | : Government publications |
ISBN | : |
Download Economy, Efficiency, and Equality Book in PDF, ePub and Kindle
Author | : James E. Meade |
Publisher | : Routledge |
Total Pages | : 97 |
Release | : 2013-05-13 |
Genre | : Business & Economics |
ISBN | : 1136258876 |
Download Efficiency, Equality and the Ownership of Property (Routledge Revivals) Book in PDF, ePub and Kindle
First published in 1964, this is a study of the extreme inequalities in the ownership of property, in economies across the globe. Professor Meade examines in depth the economic, demographic and social factors which lead to such inequalities. He considers a wide range of remedial policies – educational development, reformed death duties and capital taxes, demographic policies, trade union action, the socialization of property, the development of a property-owning democracy, the expansion of the welfare state. The argument is expressed in precise analytical terms, but the main exposition is free of mathematics and technical jargon and is designed for the interested layman as well as the economist.
Author | : T. Wilkinson |
Publisher | : Palgrave Macmillan |
Total Pages | : 199 |
Release | : 2000-03-31 |
Genre | : Political Science |
ISBN | : 9781349408498 |
Download Freedom, Efficiency and Equality Book in PDF, ePub and Kindle
This book defends equality against the objection that, due to its failure to provide incentives, it must conflict with either freedom or efficiency, or both. It explains the problem of incentives, the relationship between freedom, efficiency, and equality, and the difficulties of describing an ideal egalitarian economy, before concluding with its own radical solution, a scheme of social duty in a market system. Freedom, Efficiency and Equality combines techniques from across several disciplines in an accessible fashion in its discussion of a central topic in political theory and normative economies.
Author | : Mary Rachel Bussard |
Publisher | : |
Total Pages | : 276 |
Release | : 1972 |
Genre | : |
ISBN | : |
Download Economy, Efficiency and Equality: the Myths of Rural School Consolication Book in PDF, ePub and Kindle
Author | : Elizabeth Popp Berman |
Publisher | : Princeton University Press |
Total Pages | : 344 |
Release | : 2023-08-08 |
Genre | : Business & Economics |
ISBN | : 0691248885 |
Download Thinking Like an Economist Book in PDF, ePub and Kindle
The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.
Author | : Elizabeth Popp Berman |
Publisher | : Princeton University Press |
Total Pages | : 344 |
Release | : 2023-08-08 |
Genre | : Business & Economics |
ISBN | : 0691248885 |
Download Thinking Like an Economist Book in PDF, ePub and Kindle
The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.
Author | : Satish K. Jain |
Publisher | : Routledge |
Total Pages | : 227 |
Release | : 2015-06-05 |
Genre | : Business & Economics |
ISBN | : 1317410742 |
Download Economic Growth, Efficiency and Inequality Book in PDF, ePub and Kindle
This volume deals with a range of contemporary issues in Indian and other world economies, with a focus on economic theory and policy and their longstanding implications. It analyses and predicts the mechanisms that can come into play to determine the function of institutions and the impact of public policy.
Author | : Mr. Andrew Berg |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2021-07-16 |
Genre | : Business & Economics |
ISBN | : 1513592963 |
Download For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation Book in PDF, ePub and Kindle
Many studies predict massive job losses and real wage decline as a result of the ongoing widespread automation of production, a trend that may be further aggravated by the COVID-19 crisis. Yet automation is also expected to raise productivity and output. How can we share the gains from automation more widely, for the benefit of all? And what are the attendant equity-efficiency trade-offs? We analyze this issue by considering the effects of fiscal policies that seek to redistribute the gains from automation and address income inequality. We use a dynamic general equilibrium model with monopolistic competition, including a novel specification linking corporate power to automation. While fiscal policy cannot eliminate the classic equity-efficiency trade-offs, it can help improve them, reducing inequality at small or no loss of output. This is particularly so when policy takes advantage of novel, less distortive transmission channels of fiscal policy created by the empirically observed link between corporate market power and automation.
Author | : Gene Sperling |
Publisher | : Penguin |
Total Pages | : 385 |
Release | : 2021-10-12 |
Genre | : Political Science |
ISBN | : 1984879898 |
Download Economic Dignity Book in PDF, ePub and Kindle
“Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.