The inequality trap : fighting capitalism instead of poverty / William Watson.

By:

Watson, William G [Author]

Material type: Text

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781442624948
9781442624955

Subject(s):

Genre/Form:

Electronic Books.

LOC classification:

HM821 .I547 2015

Online resources:

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Available additional physical forms:

Contents:

2. The Deserving Rich -- 3. Ginis Rising -- 4. Who Are the 1 Per Cent? -- 5. Is Good Inequality Bad, Too? -- 6. Poverty -- 7. Opportunity -- 8. Anti-Occupy.

Subject: "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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Holdings
Item type	Current library	Collection	Call number	URL	Status	Date due	Barcode
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD)	G. Allen Fleece Library ONLINE	Non-fiction	HM821 (Browse shelf(Opens below))	Link to resource	Available		ocn921143519

Includes bibliographies and index.

"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."--

1. History: The Sequel -- 2. The Deserving Rich -- 3. Ginis Rising -- 4. Who Are the 1 Per Cent? -- 5. Is Good Inequality Bad, Too? -- 6. Poverty -- 7. Opportunity -- 8. Anti-Occupy.

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