Kleinbard Edward D. (Robert C. Packard Trustee Chair In Law Robert C. Packard Trustee Chair In Law University Of Southern California) - What's Luck Got To Do With It? How Smarter Government Can Rescue The American Dream - Hardcover

Binding: Hardcover
Description: The American dream of equal opportunity is in peril. America's economic inequality is shocking poverty threatens to become a heritable condition and our healthcare system is crumbling despite ever increasing costs. In this thought - provoking book Edward D. Kleinbard demonstrates how the failure to acknowledge the force of brute luck in our material lives exacerbates these crises leading to warped policy choices that impede genuine equality of opportunity for many Americans. What's Luck Got to Do with It? combines insights from economics philosophy and social psychology to argue for government's proper role in addressing the inequity of brute luck. Kleinbard shows how well - designed public investment can blunt the worst effects of existential bad luck that private insurance cannot reach and mitigate inequality by sharing the costs across the entire risk pool which is to say all of us. The benefits as Kleinbard shares in a wealth of data are economic as well as social a more inclusive economy higher national income and greater life satisfaction for millions of Americans. Like it or not our lives and opportunities are determined largely by luck. Kleinbard shows that while we can't undo every instance of misfortune we can offer a path to not just a fairer America but greater economic growth more broadly shared.
Title: What's Luck Got To Do With It? How Smarter Government Can Rescue The American Dream
Author(s): Kleinbard Edward D. (Robert C. Packard Trustee Chair In Law Robert C. Packard Trustee Chair In Law University Of Southern California)
Publisher: Oxford University Press Inc
Barcode: 9780190943578
Pages: 320 Pages
Publication Date: 2/8/2021
Category: Taxation & Duties Law