The Captured Economy
By:Brink Lindsey,Steven M. Teles
Published on 2017-10-13 by Oxford University Press
For years, America has been plagued by slow economic growth and increasing inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. They also detail the most important cases of regulatory barriers that have worked to shield the powerful from the rigors of competition, thereby inflating their incomes: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and how to improve the social tensions they are sparking.
This Book was ranked at 34 by Google Books for keyword economics explained.
Book ID of The Captured Economy's Books is _qU5DwAAQBAJ, Book which was written byBrink Lindsey,Steven M. Teleshave ETAG "7R2/C3uRMUE"
Book which was published by Oxford University Press since 2017-10-13 have ISBNs, ISBN 13 Code is 9780190627782 and ISBN 10 Code is 0190627786
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