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Termites of the State : Why Complexity Leads to Inequality.

Author: Vito Tanzi.
Publisher: Cambridge University Press, 2017.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
A sweeping historical account of the crises of income inequality and crony capitalism from a world-renowned public economist.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Vito Tanzi.
ISBN: 110837283X 9781108372831 9781108355681 1108355684
OCLC Number: 1016959862
Description: 1 online resource
Contents: Part I. Changes in the Economic Role of the State in the Twentieth Century: 1. The age of laissez faire; 2. The role of the state between the world wars; 3. The coming of the welfare state; 4. When economists thought they had found Nirvana: welfare policies; 5. When economists thought they had found Nirvana: stabilization policies; 6. Barbarians at the gates: challenges to Nirvana; 7. General rules to guide governments; 8. Giving more freedom to markets; 9. A minimum economic role of the state?; 10. Implications of excessive government withdrawal; Part II. Complexity and the Rise of Termites: 11. The growth of termites; 12. Termites in regulations; 13. An inventory of policy tools; 14. A closer look at regulations; 15. Modernity and growing market termites; 16. The allocation role in modern economies; 17. Public goods and intellectual property; 18. The state and its economic objectives and institutions; 19. The state and the distribution of income; 20. Market operations and income distribution; 21. Poverty, inequality and government policy; 22. Market manipulations and economic outcomes; 23. Termites in the stabilization role; 24. Modern government role and constitutional guidelines; 25. The quality of the public sector and the legal framework; 26. The quality of public institutions; Part III. Equity and Inequality: 27. Wealth creation and government role; 28. Recent concerns about inequality; 29. How should governments intervene?; 30. Intellectual property and income distribution; 31. Historical background on intellectual property; 32. Tax rates, tax structures and tax avoidance; 33. Summing up of past developments; 34. Why worry about income distribution?; References; Index.

Abstract:

One of the world's leading public economists offers a sweeping account of modern economic development. In plain language it connects the extreme growth in income inequality, increasing complexity of  Read more...

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'This book is the most thorough and intelligent review of the western world's economic development and the corresponding intellectual debates and lines of thought in economics and public policy from Read more...

 
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