Occupational/field of activity group: occ Bankers lcsh
Bibliography
Includes bibliographical references and index.
Contents
Inequality: Why it's so much worse and what to do about it -- How unequal are we? -- What makes us so unequal -- Why does economic inequality matter so much? -- Following the money -- How monetary policy made most of us poorer -- How to make monetary policy make us more equal -- Reckoning with regulation -- Remaking money -- Rules to equitably live by -- Financial policy for an equitable future.
Summary
"Economic inequality in America is on fire. The heat was rising in 2011 when Occupy Wall Street railed against the 1%, and then in 2016, when populist presidential candidates of both parties attracted fervent support. Now we see it in the platforms of 2020 candidates, whose policy proposals for tackling economic inequality reflect the critical concerns they've been hearing from angry, frustrated Americans every day. However, the candidates' plans all have one glitch in common: They have no chance of becoming law. Redistributive bills with new taxes will never be approved in a politically divided government, but Petrou has a remarkably potent solution for reducing economic inequality that no one has even considered -- a fix in keeping with current law that would be quick and would involve no political obstruction or pain"-- Provided by publisher.
