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Unbound - How Inequality Constricts Our Economy and What We Can Do about It (Hardcover)
Loot Price: R535
Discovery Miles 5 350
You Save: R167
(24%)
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Unbound - How Inequality Constricts Our Economy and What We Can Do about It (Hardcover)
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List price R702
Loot Price R535
Discovery Miles 5 350
You Save R167 (24%)
Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.
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From one of Washington's most influential voices on economic
policy, a lively and original argument that reducing inequality is
not just fair but also key to delivering broadly shared economic
growth and stability. Do we have to choose between equality and
prosperity? Many think that reducing economic inequality would
require such heavy-handed interference with market forces that it
would stifle economic growth. Heather Boushey, one of Washington's
most influential economic voices, insists nothing could be further
from the truth. Presenting cutting-edge economics with journalistic
verve, she shows how rising inequality has become a drag on growth
and an impediment to a competitive United States marketplace for
employers and employees alike. Boushey argues that inequality
undermines growth in three ways. It obstructs the supply of talent,
ideas, and capital as wealthy families monopolize the best
educational, social, and economic opportunities. It also subverts
private competition and public investment. Powerful corporations
muscle competitors out of business, in the process costing
consumers, suppressing wages, and hobbling innovation, while
governments underfund key public goods that make the American Dream
possible, from schools to transportation infrastructure to
information and communication technology networks. Finally, it
distorts consumer demand as stagnant wages and meager workplace
benefits rob ordinary people of buying power and pushes the economy
toward financial instability. Boushey makes this case with a clear,
accessible tour of the best of contemporary economic research,
while also injecting a passion for her subject gained through years
of research into the economics of work-life conflict and policy
work in the trenches of federal government. Unbound exposes deep
problems in the U.S. economy, but its conclusion is optimistic. We
can preserve the best of our nation's economic and political
traditions, and improve on them, by pursuing policies that reduce
inequality-and by doing so, boost broadly shared economic growth.
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