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Termites of the State - Why Complexity Leads to Inequality (Hardcover)
Loot Price: R851
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Termites of the State - Why Complexity Leads to Inequality (Hardcover)
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In Termites of the State, renowned public economist Vito Tanzi
presents a sweeping account of the industrialized world's economic
development during the twentieth century to today. In the tradition
of grand economic histories, Tanzi connects the biggest issues of
the modern world including extreme gaps in income distribution,
increasing complexity of government actions and regulations, and
asymmetry of access to information and to political influence
between the elite and the rest of society. Part one covers the
growth of state intervention since the early twentieth century - a
time before income taxes, central banks or social welfare programs.
Part two investigates how and why laws and regulations have
expanded in industrialized economies. Part three, building from
this foundation, explains the forces behind the precipitous rise in
global inequality. With a talent for clear, non-technical writing,
Tanzi has produced an important book that will be of interest to
any instructor, student, or general reader of economics and public
policy.
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