Equality and Efficiency: The Big Tradeoff

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9780815764755: Equality and Efficiency: The Big Tradeoff
Reseña del editor:

Contemporary American society has the look of a split-level structure. Its political and social institutions distribute rights and privileges universally and proclaim the equality of all citizens. Yet economic institutions, with efficiency as their guiding principle, create disparities among citizens in living standards and material welfare. This mixture of equal rights and unequal economic status breeds tensions between the political principles of democracy and the economic principles of capitalism. Whenever the wealthy try for extra helpings of supposedly equal rights, and whenever the workings of the market deny anyone a minimum standard of living, """"dollars transgress on rights""""--in the author's phrase. In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in April 1974, Arthur M. Okun explores the conflicts that arise when society's desire to reduce inequality would impair economic efficiency, confronting policymakers with """"the big tradeoff."""" Other economic systems have attempted to solve this problem; but the best of socialist experiments have achieved a greater degree of equality than our mixed capitalist democracy only at heavy costs in efficiency, and dictatorial governments have reached heights of efficiency only by rigidly repressing their citizenry. In contrast, our basic system emerges as a viable, if uneasy, compromise in which the market has its place and democratic institutions keep it in check. But within the existing system there are ways to gain more of one good thing at a lower cost in terms of the other. In Okun's view, society's concern for human dignity can be directed at reducing the economic deprivation that stains the record of American democracy--through progressive taxation, transfer payments, job programs, broadening equality of opportunity, eliminating racial and sexual discrimination, and lowering barriers to access to capital.

Reseña del editor:

In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in the early seventies, Arthur M. Okun explores the conflicts that arise when society's desire to reduce inequality impairs economic efficiency, confronting policymakers with the big tradeoff.

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1.

Arthur M. Okun
Editorial: BROOKINGS INSTITUTION, United States (1975)
ISBN 10: 0815764758 ISBN 13: 9780815764755
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(London, Reino Unido)
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Descripción BROOKINGS INSTITUTION, United States, 1975. Hardback. Estado de conservación: New. 208 x 137 mm. Language: English . Brand New Book. Contemporary American society has the look of a split-level structure. Its political and social institutions distribute rights and privileges universally and proclaim the equality of all citizens. Yet economic institutions, with efficiency as their guiding principle, create disparities among citizens in living standards and material welfare. This mixture of equal rights and unequal economic status breeds tensions between the political principles of democracy and the economic principles of capitalism. Whenever the wealthy try for extra helpings of supposedly equal rights, and whenever the workings of the market deny anyone a minimum standard of living, dollars transgress on rights -in the author s phrase. In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in April 1974, Arthur M. Okun explores the conflicts that arise when society s desire to reduce inequality would impair economic efficiency, confronting policymakers with the big tradeoff. Other economic systems have attempted to solve this problem; but the best of socialist experiments have achieved a greater degree of equality than our mixed capitalist democracy only at heavy costs in efficiency, and dictatorial governments have reached heights of efficiency only by rigidly repressing their citizenry. In contrast, our basic system emerges as a viable, if uneasy, compromise in which the market has its place and democratic institutions keep it in check. But within the existing system there are ways to gain more of one good thing at a lower cost in terms of the other. In Okun s view, society s concern for human dignity can be directed at reducing the economic deprivation that stains the record of American democracy-through progressive taxation, transfer payments, job programs, broadening equality of opportunity, eliminating racial and sexual discrimination, and lowering barriers to access to capital. Nº de ref. de la librería AAN9780815764755

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2.

Arthur M. Okun
Editorial: BROOKINGS INSTITUTION, United States (1975)
ISBN 10: 0815764758 ISBN 13: 9780815764755
Nuevos Tapa dura Cantidad: 10
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The Book Depository US
(London, Reino Unido)
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Descripción BROOKINGS INSTITUTION, United States, 1975. Hardback. Estado de conservación: New. 208 x 137 mm. Language: English . Brand New Book. Contemporary American society has the look of a split-level structure. Its political and social institutions distribute rights and privileges universally and proclaim the equality of all citizens. Yet economic institutions, with efficiency as their guiding principle, create disparities among citizens in living standards and material welfare. This mixture of equal rights and unequal economic status breeds tensions between the political principles of democracy and the economic principles of capitalism. Whenever the wealthy try for extra helpings of supposedly equal rights, and whenever the workings of the market deny anyone a minimum standard of living, dollars transgress on rights -in the author s phrase. In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in April 1974, Arthur M. Okun explores the conflicts that arise when society s desire to reduce inequality would impair economic efficiency, confronting policymakers with the big tradeoff. Other economic systems have attempted to solve this problem; but the best of socialist experiments have achieved a greater degree of equality than our mixed capitalist democracy only at heavy costs in efficiency, and dictatorial governments have reached heights of efficiency only by rigidly repressing their citizenry. In contrast, our basic system emerges as a viable, if uneasy, compromise in which the market has its place and democratic institutions keep it in check. But within the existing system there are ways to gain more of one good thing at a lower cost in terms of the other. In Okun s view, society s concern for human dignity can be directed at reducing the economic deprivation that stains the record of American democracy-through progressive taxation, transfer payments, job programs, broadening equality of opportunity, eliminating racial and sexual discrimination, and lowering barriers to access to capital. Nº de ref. de la librería AAN9780815764755

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Okun, Arthur M.; Okun
ISBN 10: 0815764758 ISBN 13: 9780815764755
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Descripción Estado de conservación: New. Depending on your location, this item may ship from the US or UK. Nº de ref. de la librería 97808157647550000000

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Arthur M. Okun
Editorial: Brookings Institution (1975)
ISBN 10: 0815764758 ISBN 13: 9780815764755
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Descripción Brookings Institution, 1975. HRD. Estado de conservación: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería IB-9780815764755

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Arthur M. Okun
Editorial: Brookings Institution
ISBN 10: 0815764758 ISBN 13: 9780815764755
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Descripción Brookings Institution. Hardback. Estado de conservación: new. BRAND NEW, Equality and Efficiency: The Big Tradeoff, Arthur M. Okun, Contemporary American society has the look of a split-level structure. Its political and social institutions distribute rights and privileges universally and proclaim the equality of all citizens. Yet economic institutions, with efficiency as their guiding principle, create disparities among citizens in living standards and material welfare. This mixture of equal rights and unequal economic status breeds tensions between the political principles of democracy and the economic principles of capitalism. Whenever the wealthy try for extra helpings of supposedly equal rights, and whenever the workings of the market deny anyone a minimum standard of living, "dollars transgress on rights"-in the author's phrase. In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in April 1974, Arthur M. Okun explores the conflicts that arise when society's desire to reduce inequality would impair economic efficiency, confronting policymakers with "the big tradeoff." Other economic systems have attempted to solve this problem; but the best of socialist experiments have achieved a greater degree of equality than our mixed capitalist democracy only at heavy costs in efficiency, and dictatorial governments have reached heights of efficiency only by rigidly repressing their citizenry. In contrast, our basic system emerges as a viable, if uneasy, compromise in which the market has its place and democratic institutions keep it in check. But within the existing system there are ways to gain more of one good thing at a lower cost in terms of the other. In Okun's view, society's concern for human dignity can be directed at reducing the economic deprivation that stains the record of American democracy-through progressive taxation, transfer payments, job programs, broadening equality of opportunity, eliminating racial and sexual discrimination, and lowering barriers to access to capital. Nº de ref. de la librería B9780815764755

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Okun, Arthur M.; Okun
Editorial: Brookings Institution Press (1975)
ISBN 10: 0815764758 ISBN 13: 9780815764755
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Descripción Brookings Institution Press, 1975. Paperback. Estado de conservación: New. book. Nº de ref. de la librería 0815764758

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Okun, Arthur M.
Editorial: Brookings Institution Press
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Descripción Brookings Institution Press. PAPERBACK. Estado de conservación: New. 0815764758 Brand New Book. Ships from the United States. 30 Day Satisfaction Guarantee!. Nº de ref. de la librería 4316434

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Okun, Arthur M.
Editorial: Brookings Institution Press (1975)
ISBN 10: 0815764758 ISBN 13: 9780815764755
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Descripción Brookings Institution Press, 1975. Paperback. Estado de conservación: New. Nº de ref. de la librería 0815764758

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Arthur M. Okun
ISBN 10: 0815764758 ISBN 13: 9780815764755
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Descripción Paperback. Estado de conservación: New. 139mm x 10mm x 216mm. Paperback. Contemporary American society has the look of a split-level structure. Its political and social institutions distribute rights and privileges universally and proclaim the equality of all c.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 124 pages. 0.163. Nº de ref. de la librería 9780815764755

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Arthur M. Okun
Editorial: Brookings Institution (1975)
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Descripción Brookings Institution, 1975. HRD. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería IB-9780815764755

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