"The book is written in a style that should be accessible to most readers from different intellectual disciplines, while still retaining a high intellectual rigor. It discusses areas not covered by similar books and provides a novel interpretation of developments in the past 50 years"--

Bibliographische Detailangaben

1. Verfasser:	Tanzi, Vito 1935- (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge ; New York ; Port Melbourne ; New Delhi ; Singapore Cambridge University Press 2024
Schlagworte:	Free enterprise Economic policy Welfare state Social policy Democracy / Social aspects Politique économique État providence
Zusammenfassung:	"The book is written in a style that should be accessible to most readers from different intellectual disciplines, while still retaining a high intellectual rigor. It discusses areas not covered by similar books and provides a novel interpretation of developments in the past 50 years"-- Many economists argue that economic analysis should avoid distributional consequences of policies. In democratic countries, however, the political power of individuals inevitably reflects their wealth and income. You cannot have a democracy when income and wealth distributions are greatly uneven. Monitoring the State or the Market explains that absolute income equality is not consistent with a market economy, yet neither is large inequality. This study provides a broad survey of major social and economic developments over the past two centuries, beginning with the Industrial Revolution and laissez faire and ending with neoliberalism and market fundamentalism. It explains how each of these periods initially brought moderation and accompanying benefits, demonstrating that some countries, like those in Scandinavia, have demonstrated that it is possible to have low Gini coefficients (low inequality), while preserving economic freedom and prosperity
Beschreibung:	xi, 219 Seiten
ISBN:	9781009434447 1009434446 9781009434478 1009434470