Engine of Inequality

2021-03-03 Business & Economics

Author : Karen Petrou
Release : 2021-03-03
Genre : Business & Economics
Kind : eBook
Book Rating : 743/5 ( reviews)

GET EBOOK

Book Synopsis Engine of Inequality by : Karen Petrou

Download or read book Engine of Inequality written by Karen Petrou. This book was released on 2021-03-03. Available in PDF, EPUB and Kindle. Book excerpt: The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.

Programmed Inequality

2018-02-23 Computers

Author : Mar Hicks
Release : 2018-02-23
Genre : Computers
Kind : eBook
Book Rating : 181/5 ( reviews)

GET EBOOK

Book Synopsis Programmed Inequality by : Mar Hicks

Download or read book Programmed Inequality written by Mar Hicks. This book was released on 2018-02-23. Available in PDF, EPUB and Kindle. Book excerpt: This “sobering tale of the real consequences of gender bias” explores how Britain lost its early dominance in computing by systematically discriminating against its most qualified workers: women (Harvard Magazine) In 1944, Britain led the world in electronic computing. By 1974, the British computer industry was all but extinct. What happened in the intervening thirty years holds lessons for all postindustrial superpowers. As Britain struggled to use technology to retain its global power, the nation’s inability to manage its technical labor force hobbled its transition into the information age. In Programmed Inequality, Mar Hicks explores the story of labor feminization and gendered technocracy that undercut British efforts to computerize. That failure sprang from the government’s systematic neglect of its largest trained technical workforce simply because they were women. Women were a hidden engine of growth in high technology from World War II to the 1960s. As computing experienced a gender flip, becoming male-identified in the 1960s and 1970s, labor problems grew into structural ones and gender discrimination caused the nation’s largest computer user—the civil service and sprawling public sector—to make decisions that were disastrous for the British computer industry and the nation as a whole. Drawing on recently opened government files, personal interviews, and the archives of major British computer companies, Programmed Inequality takes aim at the fiction of technological meritocracy. Hicks explains why, even today, possessing technical skill is not enough to ensure that women will rise to the top in science and technology fields. Programmed Inequality shows how the disappearance of women from the field had grave macroeconomic consequences for Britain, and why the United States risks repeating those errors in the twenty-first century.

Toxic Inequality

2017-03-14 Business & Economics

Author : Thomas M. Shapiro
Release : 2017-03-14
Genre : Business & Economics
Kind : eBook
Book Rating : 872/5 ( reviews)

GET EBOOK

Book Synopsis Toxic Inequality by : Thomas M. Shapiro

Download or read book Toxic Inequality written by Thomas M. Shapiro. This book was released on 2017-03-14. Available in PDF, EPUB and Kindle. Book excerpt: From a leading authority on race and public policy, a deeply researched account of how families rise and fall today Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities -- a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society. "Everyone concerned about the toxic effects of inequality must read this book." -- Robert B. Reich "This is one of the most thought-provoking books I have read on economic inequality in the US." -- William Julius Wilson

Heredity, Family, and Inequality

2012 Business & Economics

Author : Michael Beenstock
Release : 2012
Genre : Business & Economics
Kind : eBook
Book Rating : 923/5 ( reviews)

GET EBOOK

Book Synopsis Heredity, Family, and Inequality by : Michael Beenstock

Download or read book Heredity, Family, and Inequality written by Michael Beenstock. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: An economist critiques nature versus nurture hypotheses from behavioral genetics, developmental psychology, sociology, and economics. Empirical literature in disciplines ranging from behavioral genetics to economics shows that in virtually every aspect of life the outcomes of children are correlated to a greater or lesser extent with the outcomes of their parents and their siblings. In Heredity, Family, and Inequality, the economist Michael Beenstock offers theoretical, statistical, and methodological tools for understanding these correlations. Beenstock presents a comprehensive survey of intergenerational and sibling correlations for a broad range of outcomes--including fertility and longevity, intelligence and education, income and consumption, and deviancy and religiosity. He then offers a critique of the sometimes conflicting explanations for these correlations proposed by social scientists from such disciplines as developmental psychology, sociology, and economics. Beenstock also provides an axiomatic framework for thinking about the complex interplay of heredity, family, and environments, drawing on game theory, control theory, and econometrics. Chapters 1-7 discuss such topics as the important contributions of Francis Galton (1822-1911) to the statistical study of heredity, the family as an engine of inequality and diversity, and natural experiments designed to identify how environments, families, peer groups, and neighborhoods affect human outcomes. Chapters 8-10 present technical material on statistical, theoretical, and methodological tools used by the earlier chapters. Beenstock's goal is not to argue for either nature or nurture but to suggest more rigorous ways to assess the diverse contributions to this lively debate.

Capitalists, Arise!

2017-05 Business & Economics

Author : Peter Georgescu
Release : 2017-05
Genre : Business & Economics
Kind : eBook
Book Rating : 674/5 ( reviews)

GET EBOOK

Book Synopsis Capitalists, Arise! by : Peter Georgescu

Download or read book Capitalists, Arise! written by Peter Georgescu. This book was released on 2017-05. Available in PDF, EPUB and Kindle. Book excerpt: Showing how the short-term thinking spawned by shareholder primacy lies at the root of our current economic malaise and social breakdown, this sobering depiction offers concrete actions that capitalists themselves can take to create a better future. --

Popular eBooks

Engine of Inequality

Programmed Inequality

Toxic Inequality

Heredity, Family, and Inequality

Capitalists, Arise!

You may also like...