Combating Inequality

This book features insights from prominent economists and policymakers on effective strategies to address economic inequality, highlighting the tools available to reverse the growing wealth gap in society today.

Combating Inequality brings together insights from prominent economists and policymakers who delve into the pressing issue of economic inequality, a challenge that has become increasingly significant in contemporary society. The book highlights the alarming trend in the United States, where the wealth share of the top 1% has surged from 25% in the late 1970s to approximately 40% today. This stark increase underscores a growing divide that has profound implications for the economy and social fabric of the nation.

The authors emphasize the troubling decline in economic mobility, noting that the percentage of children surpassing their parents' income has plummeted from 90% in the 1940s to around 50% in recent years. This shift raises critical questions about opportunity and fairness in a system that is meant to reward hard work and innovation. The book serves as a call to action, urging readers to consider the implications of these statistics and the necessity of addressing the root causes of inequality.

Despite the grim statistics, Combating Inequality offers a sense of hope by presenting various economic tools that can effectively combat this rising tide of inequality. The discussions within the book focus on identifying and evaluating these tools, shedding light on strategies that could lead to a more equitable distribution of wealth. By examining both current policies and innovative proposals, the authors provide a roadmap for policymakers and advocates seeking to foster a more inclusive economy.