Chapter One: The Paradox of Stagnation and Exploding Inequality
Chapter Two: Why Rents Matter
Chapter Three: Finance
Chapter Four: Intellectual Property
Chapter Five: Occupational Protection
Chapter Six: Land Use
Chapter Seven: The Macropolitics of Regressive Stagnation
Chapter Eight: The Politics of Breaking Regressive Stagnation
Chapter Nine: Conclusion
Brink Lindsey is Vice Policy President and Director of the Open
Society Project at the Niskanen Center. He is the author of, most
recently, The Age of Abundance and Human Capitalism.
Steven M. Teles is Professor of Political Science at Johns Hopkins
University and Senior Fellow at the Nikansen Center. He is the
author of, most recently, The Rise of the Conservative Legal
Movement and Prison Break: Why Conservatives Turned Against Mass
Incarceration.
"Recommended." -- E.P. Hoffman, emerita, Western Michigan
University, CHOICE
"A compelling and original argument about one of the most pressing
issues of our time, The Captured Economy challenges readers to
break out of traditional ideological and partisan silos and
confront the hidden forces that are strangling opportunity in the
contemporary United States." -- Matthew Yglesias, Vox
"Are you looking for how to get out of our current mess? The
Captured Economy is perhaps the very best place to start." -- Tyler
Cowen, Professor of Economics, George Mason University
"American politics is mired in endless arguments about how much
downward redistribution we want and how to provide it. But as Brink
Lindsey and Steven Teles point out in this engaging, powerfully
argued book, the reality of our political economy often looks much
more like upward redistribution. In one arena after another, public
policy enriches the already rich and advantages the already
advantaged." -- Yuval Levin, editor of National Affairs
"Steven Teles and Brink Lindsey ask one of the most important
questions of our times: What are the political reforms we need to
reduce the ability of the wealthy to maintain their capture of our
government? Combining the analytic forces of liberalism and
libertarianism, they provide a much-needed investigation into why
the U.S. government works on behalf of the powerful and the steps
we can take to address rising inequality and regressive regulation
so that it
instead acts in the public interest." -- Heather Boushey, co-editor
of After Piketty: The Agenda for Economics and Inequality
"A clear and brilliant explanation of what has happened to America
over the last few decades. Anyone who wants to understand what has
happened to our economy, or our politics, needs to read this
book."
-Megan McArdle, Bloomberg View
"Regardless of where your sympathies lie - redistribution is both
good and bad - what connects all these activities and many others
is that they don't result in the production of goods and services.
Instead, they involve the shifting of money and wealth from one
party or group to another. They recall the spirit of 19th-century
politicians' defense of patronage jobs: 'To the victors belong the
spoils.' This sort of economy may be larger than you think.
That's
the gist of the provocative new book 'The Captured Economy' by
Brink Lindsey and Steven M. Teles . . . They argue that the economy
is riddled with self-serving arrangements, mainly benefiting the
rich,
that impose excess costs on the poor and middle class and
reducreduce economic growth." -Robert Samuelson, The Washington
Post
Ask a Question About this Product More... |