9780674919310-0674919319-Unbound: How Inequality Constricts Our Economy and What We Can Do about It

Unbound: How Inequality Constricts Our Economy and What We Can Do about It

ISBN-13: 9780674919310
ISBN-10: 0674919319
Author: Boushey, Heather
Publication date: 2019
Publisher: Harvard University Press
Format: Hardcover 304 pages
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Book details

ISBN-13: 9780674919310
ISBN-10: 0674919319
Author: Boushey, Heather
Publication date: 2019
Publisher: Harvard University Press
Format: Hardcover 304 pages

Summary

Acknowledged authors Boushey, Heather wrote Unbound: How Inequality Constricts Our Economy and What We Can Do about It comprising 304 pages back in 2019. Textbook and eTextbook are published under ISBN 0674919319 and 9780674919310. Since then Unbound: How Inequality Constricts Our Economy and What We Can Do about It textbook was available to sell back to BooksRun online for the top buyback price of $ 4.04 or rent at the marketplace.

Description

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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