The inequality trap : fighting capitalism instead of poverty /

The inequality trap : fighting capitalism instead of poverty /

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Bibliographic Details
Author / Creator:	Watson, William G., author.
Imprint:	Toronto, Ontario : University of Toronto Press, [2015] ©2015
Description:	xviii, 218 pages : illustrations ; 24 cm.
Language:	English
Series:	UTP insights UTP insights.
Subject:	Equality. Capitalism. Economics. Capitalism. Economics. Equality.
Format:	Print Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/10380245

Hidden Bibliographic Details
ISBN:	9781442637245 1442637242
Notes:	Includes bibliographical references (pages 193-203) and index.
Summary:	"US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or wise? In his new book, William Watson argues that focusing on inequality is both an error and a trap. It is an error because much inequality is "good," the reward for thrift, industry, and invention. It is a trap because it leads us to fixate on the top end of the income distribution, rather than on those at the bottom who need help most. In fact, if we respond to growing inequality by fighting capitalism rather than poverty, we may end up both poorer and less equal. Explaining the complexities of modern economics in a clear, accessible style, The Inequality Trap is the must-read rejoinder to the idea that fighting inequality should be our top policy priority."--

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Call Number:	HM821.W38 2015 c.1
c.1	Available Loan period: standard loan Scan and Deliver Request for Pickup Need help? - Ask a Librarian