9780190059002

The Captured Economy How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality

by ;
  • ISBN13:

    9780190059002

  • ISBN10:

    0190059001

  • Edition: Reprint
  • Format: Paperback
  • Copyright: 2019-09-01
  • Publisher: Oxford University Press
  • Purchase Benefits
List Price: $17.95 Save up to $8.60
  • Buy New
    $17.41

    USUALLY SHIPS IN 3-5 BUSINESS DAYS

Supplemental Materials

What is included with this book?

Summary

For years, America has been plagued by slow economic growth and increasing inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. They also detail the most important cases of regulatory barriers that have worked to shield the powerful from the rigors of competition, thereby inflating their incomes: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. An original and counterintuitive interpretation of the forces
driving inequality and stagnation, The Captured Economy will be necessary reading for anyone concerned about America's mounting economic problems and how to improve the social tensions they are sparking.

Author Biography


Brink Lindsey is Vice Policy President and Director of the Open Society Project at the Niskanen Center. He is the author of, most recently, The Age of Abundance and Human Capitalism.

Steven M. Teles is Professor of Political Science at Johns Hopkins University and Senior Fellow at the Nikansen Center. He is the author of, most recently, The Rise of the Conservative Legal Movement and Prison Break: Why Conservatives Turned Against Mass Incarceration.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rewards Program