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Books > Social sciences > Politics & government > Central government > Central government policies
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What's Luck Got to Do with It? - How Smarter Government Can Rescue the American Dream (Hardcover)
Loot Price: R579
Discovery Miles 5 790
You Save: R256
(31%)
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What's Luck Got to Do with It? - How Smarter Government Can Rescue the American Dream (Hardcover)
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List price R835
Loot Price R579
Discovery Miles 5 790
You Save R256 (31%)
Expected to ship within 9 - 17 working days
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The American dream of equal opportunity is in peril. America's
economic inequality is shocking, poverty threatens to become a
heritable condition, and our healthcare system is crumbling despite
ever increasing costs. In this thought-provoking book, Edward D.
Kleinbard demonstrates how the failure to acknowledge the force of
brute luck in our material lives exacerbates these crises —
leading to warped policy choices that impede genuine equality of
opportunity for many Americans. What's Luck Got to Do with It?
combines insights from economics, philosophy, and social psychology
to argue for government's proper role in addressing the inequity of
brute luck. Kleinbard shows how well-designed public investment can
blunt the worst effects of existential bad luck that private
insurance cannot reach and mitigate inequality by sharing the costs
across the entire risk pool, which is to say, all of us. The
benefits, as Kleinbard shares in a wealth of data, are economic as
well as social — a more inclusive economy, higher national
income, and greater life satisfaction for millions of Americans.
Like it or not, our lives and opportunities are determined largely
by luck. Kleinbard shows that while we can't undo every instance of
misfortune, we can offer a path to not just a fairer America, but
greater economic growth, more broadly shared.
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