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What's Luck Got to Do with It?

- How Smarter Government Can Rescue the American Dream
Af: Edward D. Kleinbard Engelsk Hardback

What's Luck Got to Do with It?

- How Smarter Government Can Rescue the American Dream
Af: Edward D. Kleinbard Engelsk Hardback
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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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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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Produktdetaljer
Sprog: Engelsk
Sider: 320
ISBN-13: 9780190943578
Indbinding: Hardback
Udgave:
ISBN-10: 0190943572
Kategori: Statslig, National & Føderal politik
Udg. Dato: 17 mar 2021
Længde: 34mm
Bredde: 179mm
Højde: 242mm
Forlag: Oxford University Press Inc
Oplagsdato: 17 mar 2021
Forfatter(e): Edward D. Kleinbard
Forfatter(e) Edward D. Kleinbard

Kategori Statslig, National & Føderal politik

ISBN-13 9780190943578

Sprog Engelsk

Indbinding Hardback

Sider 320

Udgave

Længde 34mm

Bredde 179mm

Højde 242mm

Udg. Dato 17 mar 2021

Oplagsdato 17 mar 2021

Forlag Oxford University Press Inc