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The Accidental Theorist: And Other Dispatches From the Dismal Science

by Paul Krugman  · 18 Feb 2010  · 162pp  · 51,473 words

cash flow. This has some advantages over annual income as an indicator of a family’s economic position, especially among the rich. Someone with a very high income may be having an unusually good year, while it is not unheard of for wealthy families to have negative income if they make a bad

Progress: Ten Reasons to Look Forward to the Future

by Johan Norberg  · 31 Aug 2016  · 262pp  · 66,800 words

rapidly approaching such incomes. However, there is one important exception: the emissions of carbon dioxide from fossil fuels, which does not begin to decline until very high income levels are attained. This is worrying, since more CO2 and other so-called greenhouse gases in the atmosphere make the global climate warmer and more

Arguing With Zombies: Economics, Politics, and the Fight for a Better Future

by Paul Krugman  · 28 Jan 2020  · 446pp  · 117,660 words

whose lives have been improved, and in some cases saved, by health reform. In reality, the only people hurt by health reform are Americans with very high incomes, who have seen their taxes go up, and a relatively small number of people who have seen their premiums rise because they’re young and

good reminder of who is actually insane. The controversy of the moment involves AOC’s advocacy of a tax rate of 70–80 percent on very high incomes, which is obviously crazy, right? I mean, who thinks that makes sense? Only ignorant people like . . . um, Peter Diamond, Nobel laureate in economics and arguably

and competitive markets. Diminishing marginal utility is the common-sense notion that an extra dollar is worth a lot less in satisfaction to people with very high incomes than to those with low incomes. Give a family with an annual income of $20,000 an extra $1,000 and it will make a

bit more succinctly, when taxing the rich, all we should care about is how much revenue we raise. The optimal tax rate on people with very high incomes is the rate that raises the maximum possible revenue. And that’s something we can estimate, given evidence on how responsive the pre-tax income

, it has been apparent for some time that the story is incomplete, because it fails to give a full picture of gains among families with very high incomes. Census numbers are of little use in studying high-income families, for two reasons, one major, one minor. The main problem is the arcane technical

not count one important source of income for high-income families: capital gains. It is precisely because Census data are weak when it comes to very high incomes that those who use that data usually look no higher than the 95th percentile; that is, the bottom of the top 5 percent. Over the

Hustle and Gig: Struggling and Surviving in the Sharing Economy

by Alexandrea J. Ravenelle  · 12 Mar 2019  · 349pp  · 98,309 words

care, the fact that they came up so readily in our conversation suggests that perhaps a part of him did care. In the United States, very-high-income employers tend to utilize “an American version of the ‘upstairs, downstairs’ segregation of master and servant” that involves a level of distance.24 Yet Randall

Slowdown: The End of the Great Acceleration―and Why It’s Good for the Planet, the Economy, and Our Lives

by Danny Dorling and Kirsten McClure  · 18 May 2020  · 459pp  · 138,689 words

.S. government chose to raise less money in taxation and more through borrowing. In particular, top tax rates were reduced from nearly 70 percent on very high incomes in the 1970s to 50 percent in the 1980s, to as low as 25 percent in the early 1990s, and in recent years they have

The Great Escape: Health, Wealth, and the Origins of Inequality

by Angus Deaton  · 15 Mar 2013  · 374pp  · 114,660 words

of California at Berkeley.24 It had long been known that the data on incomes from household surveys were not very useful for looking at very high incomes; there are too few such people to show up regularly in nationally representative surveys. (Even if approached at random, they might also be less likely

The Great Divide: Unequal Societies and What We Can Do About Them

by Joseph E. Stiglitz  · 15 Mar 2015  · 409pp  · 125,611 words

the trend was not universal, or inevitable. Over these same years, countries like Chile, Mexico, Greece, Turkey, and Hungary managed to reduce (in some cases very high) income inequality significantly, suggesting that inequality is a product of political and not merely macroeconomic forces. It is not true that inequality is an inevitable byproduct

Termites of the State: Why Complexity Leads to Inequality

by Vito Tanzi  · 28 Dec 2017

essentially one of correcting the market for “failures,” including, for some economists and politicians, the “failure” of generating excessively uneven income distributions, high unemployment, and very high incomes for some individuals – was replaced, in the mind of a growing number of economists (among whom the most prominent and influential had been Milton Friedman

the managers, which are often linked to the short run values of the shares. This is one of many examples of how some of the very high incomes (those of the top 1 percent) have become increasingly disconnected from true, genuine market forces, and how compensation arrangements for managers have contributed to making

pay attention. A negative externality is definitely created for many hard-working but poorly paid workers when they become aware that there are individuals with very high incomes and consumption who are claiming all the country’s growth in income. This happens in democratic societies that keep repeating the notion that all human

efficiency and the equity of the market, favoring a few over the many. The impact that this problem must have in the determination of some very high incomes is rather obvious. The fact that not all agree with these concerns has been made clear by the people who have been chosen to serve

has argued that changes in political attitudes vis-à-vis inequality in recent decades that gave more importance to efficiency and made the payment of very high incomes to individuals in some activities socially acceptable are partly to blame for Intellectual Property and Income Distribution 343 the increasing inequality. Those changes in attitudes

“effort” that receives so much attention by economists. From an equity point of view, this creates an argument for justifying higher marginal tax rates on very high incomes, especially on the part of 354 Termites of the State the income that exceeds some significant multiple of average incomes. For a proposal along that

some of the aforementioned developments were taking place, the tax systems have been also becoming less progressive and, definitively, more friendly toward individuals who receive very high incomes. The highest marginal tax rates were sharply reduced, making it easier for individuals lucky enough to receive high incomes to keep greater proportions of the

important. To repeat, most workers are not subjected to the highest tax rate but to lower rates. The highest rate comes into play at a very high income level (in 2016, in the United States, for many at around $400,000). Most workers are far from earning that much money. When we come

tax competition problem within the United States. Some recent studies have indicated that few taxpayers actually move for this motive. However, if they are truly very-high-income individuals, the moves of even a few of them may still be significant for local governments. Many other countries, and especially Anglo-Saxon countries, also

Winner-Take-All Politics: How Washington Made the Rich Richer-And Turned Its Back on the Middle Class

by Paul Pierson and Jacob S. Hacker  · 14 Sep 2010  · 602pp  · 120,848 words

is a connection between the previous discussion of tax policy and the current discussion of executive compensation. The sharp fall in true tax rates on very high incomes may have stimulated the rise in executive pay, since the recipients capture so much more of any rise in compensation. Carola Frydman and Raven Saks

The Trouble With Billionaires

by Linda McQuaig  · 1 May 2013  · 261pp  · 81,802 words

and just society. It is also an important tool for raising revenue. To achieve these goals, high marginal income tax rates should be applied to very high incomes. Our proposed higher rates are clearly much higher than the present top rate of 45 per cent that kicks in at £150,000. We believe

was introduced by the Labour government in 2010. In addition, we propose adding the two additional rates (60 and 70 per cent, mentioned above) to very high income levels. These additional rates might seem unrealistic in view of the fact that there has been a huge political battle over whether the present top

’, that early postwar period of widely shared economic prosperity. And now, as then, the higher rates would only apply to a relatively small number of very high-income individuals, who can easily afford to bear a heavier tax burden. In 1975, for instance, when the top rate was 83 per cent, it applied

Global Inequality: A New Approach for the Age of Globalization

by Branko Milanovic  · 10 Apr 2016  · 312pp  · 91,835 words

The Inequality Puzzle: European and US Leaders Discuss Rising Income Inequality

by Roland Berger, David Grusky, Tobias Raffel, Geoffrey Samuels and Chris Wimer  · 29 Oct 2010  · 237pp  · 72,716 words

Inequality and the 1%

by Danny Dorling  · 6 Oct 2014  · 317pp  · 71,776 words

The Shifts and the Shocks: What We've Learned--And Have Still to Learn--From the Financial Crisis

by Martin Wolf  · 24 Nov 2015  · 524pp  · 143,993 words

Business Adventures: Twelve Classic Tales From the World of Wall Street

by John Brooks  · 6 Jul 2014  · 452pp  · 150,785 words

Value of Everything: An Antidote to Chaos The

by Mariana Mazzucato  · 25 Apr 2018  · 457pp  · 125,329 words

Financial Market Meltdown: Everything You Need to Know to Understand and Survive the Global Credit Crisis

by Kevin Mellyn  · 30 Sep 2009  · 225pp  · 11,355 words

The Price of Inequality: How Today's Divided Society Endangers Our Future

by Joseph E. Stiglitz  · 10 Jun 2012  · 580pp  · 168,476 words

The Great Divergence: America's Growing Inequality Crisis and What We Can Do About It

by Timothy Noah  · 23 Apr 2012  · 309pp  · 91,581 words

Rule of the Robots: How Artificial Intelligence Will Transform Everything

by Martin Ford  · 13 Sep 2021  · 288pp  · 86,995 words

City for Sale: The Transformation of San Francisco

by Chester W. Hartman and Sarah Carnochan  · 15 Feb 2002  · 518pp  · 170,126 words

Evil Geniuses: The Unmaking of America: A Recent History

by Kurt Andersen  · 14 Sep 2020  · 486pp  · 150,849 words

Capital in the Twenty-First Century

by Thomas Piketty  · 10 Mar 2014  · 935pp  · 267,358 words

Creating Unequal Futures?: Rethinking Poverty, Inequality and Disadvantage

by Ruth Fincher and Peter Saunders  · 1 Jul 2001  · 267pp  · 79,905 words

The Making of Global Capitalism

by Leo Panitch and Sam Gindin  · 8 Oct 2012  · 823pp  · 206,070 words

The Weightless World: Strategies for Managing the Digital Economy

by Diane Coyle  · 29 Oct 1998  · 49,604 words

The Wealth of Humans: Work, Power, and Status in the Twenty-First Century

by Ryan Avent  · 20 Sep 2016  · 323pp  · 90,868 words

The Millionaire Next Door: The Surprising Secrets of America's Wealthy

by Thomas Stanley and William Danko  · 15 Nov 2010  · 273pp  · 78,850 words

Rise of the Robots: Technology and the Threat of a Jobless Future

by Martin Ford  · 4 May 2015  · 484pp  · 104,873 words

Manias, Panics and Crashes: A History of Financial Crises, Sixth Edition

by Kindleberger, Charles P. and Robert Z., Aliber  · 9 Aug 2011

The Economics of Belonging: A Radical Plan to Win Back the Left Behind and Achieve Prosperity for All

by Martin Sandbu  · 15 Jun 2020  · 322pp  · 84,580 words

The Myth of Capitalism: Monopolies and the Death of Competition

by Jonathan Tepper  · 20 Nov 2018  · 417pp  · 97,577 words

Good Times, Bad Times: The Welfare Myth of Them and Us

by John Hills  · 6 Nov 2014  · 352pp  · 107,280 words

The Numbers Game: The Commonsense Guide to Understanding Numbers in the News,in Politics, and inLife

by Michael Blastland and Andrew Dilnot  · 26 Dec 2008  · 219pp  · 65,532 words

Just Keep Buying: Proven Ways to Save Money and Build Your Wealth

by Nick Maggiulli  · 15 May 2022  · 287pp  · 62,824 words

A People's History of the United States

by Howard Zinn  · 2 Jan 1977  · 913pp  · 299,770 words

A Failure of Capitalism: The Crisis of '08 and the Descent Into Depression

by Richard A. Posner  · 30 Apr 2009  · 305pp  · 69,216 words

Bourgeois Dignity: Why Economics Can't Explain the Modern World

by Deirdre N. McCloskey  · 15 Nov 2011  · 1,205pp  · 308,891 words

Getting Better: Why Global Development Is Succeeding--And How We Can Improve the World Even More

by Charles Kenny  · 31 Jan 2011  · 272pp  · 71,487 words

Wealth, Poverty and Politics

by Thomas Sowell  · 31 Aug 2015  · 877pp  · 182,093 words

Good Economics for Hard Times: Better Answers to Our Biggest Problems

by Abhijit V. Banerjee and Esther Duflo  · 12 Nov 2019  · 470pp  · 148,730 words

The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay

by Emmanuel Saez and Gabriel Zucman  · 14 Oct 2019  · 232pp  · 70,361 words

Limitarianism: The Case Against Extreme Wealth

by Ingrid Robeyns  · 16 Jan 2024  · 327pp  · 110,234 words

The Economics of Inequality

by Thomas Piketty and Arthur Goldhammer  · 7 Jan 2015  · 165pp  · 45,129 words

Social Class in the 21st Century

by Mike Savage  · 5 Nov 2015  · 297pp  · 89,206 words

The Limits of the Market: The Pendulum Between Government and Market

by Paul de Grauwe and Anna Asbury  · 12 Mar 2017

Unsustainable Inequalities: Social Justice and the Environment

by Lucas Chancel  · 15 Jan 2020  · 191pp  · 51,242 words

Capitalism and Its Critics: A History: From the Industrial Revolution to AI

by John Cassidy  · 12 May 2025  · 774pp  · 238,244 words

The Globalization of Inequality

by François Bourguignon  · 1 Aug 2012  · 221pp  · 55,901 words

The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State

by James Dale Davidson and William Rees-Mogg  · 3 Feb 1997  · 582pp  · 160,693 words

The Great Leveler: Violence and the History of Inequality From the Stone Age to the Twenty-First Century

by Walter Scheidel  · 17 Jan 2017  · 775pp  · 208,604 words

The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality

by Branko Milanovic  · 15 Dec 2010  · 251pp  · 69,245 words

Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth

by Michael Jacobs and Mariana Mazzucato  · 31 Jul 2016  · 370pp  · 102,823 words

Austerity Britain: 1945-51

by David Kynaston  · 12 May 2008  · 870pp  · 259,362 words

The Rise and Fall of the British Nation: A Twentieth-Century History

by David Edgerton  · 27 Jun 2018

Alpha Trader

by Brent Donnelly  · 11 May 2021

When More Is Not Better: Overcoming America's Obsession With Economic Efficiency

by Roger L. Martin  · 28 Sep 2020  · 600pp  · 72,502 words

Rentier Capitalism: Who Owns the Economy, and Who Pays for It?

by Brett Christophers  · 17 Nov 2020  · 614pp  · 168,545 words

Markets, State, and People: Economics for Public Policy

by Diane Coyle  · 14 Jan 2020  · 384pp  · 108,414 words

The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life

by Nick Maggiulli  · 22 Jul 2025

Deep Utopia: Life and Meaning in a Solved World

by Nick Bostrom  · 26 Mar 2024  · 547pp  · 173,909 words