The political economy of inequality /
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作 者:edited by Frank Ackerman ... [et al.].
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ISBN:9781559637985
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Publisher Summary 1
Offers an in-depth examination of the economic theory behind the causes, consequences, and cures for economic inequality. Offers two-to three-page summaries of notable articles and book chapters in this frontier area of the field of economics, bringing together disparate analyses of inequality in economics and related fields, identifying areas where more work is needed, and laying the groundwork for an integrated understanding of inequality in the US and the world. The editors are affiliated with the Global Development and Environment Institute at Tufts University. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Publisher Summary 2
The disparity in wealth both within and between nations has grown rapidly in recent years, and is becoming an increasingly significant issue in attempts to deal with environmental problems -- from international negotiations over climate change to local concerns about environmental justice.The Political Economy of Inequalityoffers an in-depth examination of the economic theory behind the causes, consequences, and cures for inequality. The volume brings together disparate analyses of inequality in economic and related fields, identifies areas where more work is most needed, and lays the groundwork for an integrated understanding of the causes and consequences of inequality in the United States and the world.Sections cover: the distribution of earnings the distribution of wealth celebrity and CEO incomes the effects of corporate power poverty, inequality, and power household roles and family structure skills, technology, and education categorical inequalities, such as those based on race, gender, or ethnicity inequality on a global scale the welfare state The book is the fifth in the six-volume Frontier Issues in Economic Thoughtseries. Each volume offers two- to three-page summaries of the most notable articles and chapters in a "frontier" area where important new work is being done but has not yet been incorporated into the standard definition of economics. Introductory essays by the editors review the field, cite other literature that was not summarized, and situate the summarized articles within an overview of the subject.As with the other volumes in the series, The Political Economy of Inequalityoffers an invaluable overview of an emerging field of economics and is a unique reference for students and scholars concerned with economic policy, social economics, work and labor issues, international and sustainable development, or related topics.
目录
Authors of Original Articles p. xix
Foreword Derek Bok p. xxiii
Acknowledgments p. xxvii
Volume Introduction Neva Goodwin and Frank Ackerman p. xxix
Part I Unequal Earnings: Theory versus Reality
Overview Essay Frank Ackerman p. 1
Bringing Income Distribution In from the Cold Anthony B. Atkinson p. 10
Wage Polarization in the U.S. and the "Flexibility" Debate Bennett Harrison and Barry Bluestone p. 14
Wielding the Stick David M. Gordon p. 18
Rising Wage Inequality: The U.S. versus Other Advanced Countries Richard B. Freeman and Lawrence F. Katz p. 21
Inequality, Unemployment, Inflation, and Growth James K. Galbraith p. 25
Trends in the Level and Distribution of U.S. Living Standards: 1973-1993 Gary Burtless p. 29
Part II The Distribution of Wealth and Power
Overview Essay Frank Ackerman p. 33
International Comparisons of Wealth Inequality Edward N. Wolff p. 42
Long-Term Trends in American Wealth Inequality Jeffrey G. Williamson and Peter H. Lindert p. 45
A Story of Two Nations: Race and Wealth Melvin L. Oliver and Thomas M. Shapiro p. 48
The Corporate Community and the Upper Class G. William Domhoff p. 52
Structures of Corporate Control John Scott p. 56
Part III New Paths to the Top: CEO and Celebrity Compensation
Overview Essay Frank Ackerman p. 61
How Winner-Take-All Markets Arise and The Growth of Winner-Take-All Markets Robert H. Frank and Philip J. Cook p. 77
The Cost of Talent: Summing Up Derek Bok p. 80
Management Compensation Plans--Panacea or Placebo? Michael T. Jacobs p. 84
Top Executive Pay: Tournament or Teamwork? Brian G. M. Main and Charles A. O'Reilly III and James Wade p. 88
Why Do Pro Athletes Make So Much Money? James Quirk and Rodney D. Fort p. 91
Marginal Revenue and Labor Strife in Major League Baseball Dale R. Oorlog p. 95
Part IV Corporate Power: Why Does It Matter?
Overview Essay Neva Goodwin p. 99
Economy: The Political Foundations of Production and Exchange Samuel Bowles and Herbert Gintis p. 112
Business Unity, Business Power Dan Clawson and Alan Neustadtl and Denise Scott p. 116
Bigness and Social Efficiency: A Case Study of the U.S. Auto Industry Walter Adams and James W. Brock p. 119
The Dark Side of Flexible Production Bennett Harrison p. 123
Power, Accumulation, and Crisis: The Rise and Demise of the Postwar Social Structure of Accumulation David M. Gordon and Thomas E. Weisskopf and Samuel Bowles p. 127
The Mobilization of Corporate Conservatism Jerome L. Himmelstein p. 130
Markets and Politics Robert Kuttner p. 134
The Solution: A Better Scorecard and What the Scorecard Should Contain Ralph Estes p. 138
Part V Poverty, Inequality, and Power
Overview Essay Frank Ackerman p. 143
Income, Deprivation, and Poverty and Implications for Conceptualizing and Measuring Poverty Brian Nolan and Christopher T. Whelan p. 151
The Age of Extremes: Concentrated Affluence and Poverty in the Twenty-First Century Douglas S. Massey p. 155
Social Exclusion: Toward an Analytical and Operational Framework Ajit S. Bhalla and Frederic Lapeyre p. 158
Poor Relief and the Dramaturgy of Work Frances Fox Piven and Richard Cloward p. 162
Not Markets Alone: Enriching the Discussion of Income Distribution Chris Tilly and Randy Albelda p. 166
Part VI Intrahousehold Dynamics and Changing Household Composition
Overview Essay Laurie Dougherty p. 171
Trade, Merger, and Employment: Economic Theory on Marriage Elaine McCrate p. 182
Gender Coalitions: Extrafamily Influences in Intrafamily Inequality Nancy Folbre p. 186
Renegotiating the Marital Contract: Intrahousehold Patterns of Money Allocation and Women's Subordination Among Domestic Outworkers in Mexico City Martha Roldan p. 190
Incomes, Expenditures, and Health Outcomes: Evidence on Intrahousehold Resource Allocation Duncan Thomas p. 194
The Marginalization of Black Men: Impact on Family Structure William A. Darity, Jr. and Samuel L. Myers, Jr. p. 197
Single Mothers in Sweden: Why Is Poverty Less Severe? Siv Gustafsson p. 201
Part VII Technology, Skills, and Education
Overview Essay Laurie Dougherty p. 205
Institutional Failure and the American Worker: The Collapse of Low-Skill Wages David R. Howell p. 214
Technology and Changes in Skill Structure: Evidence from an International Panel of Industries Stephen Machin and Annette Ryan and John Van Reenan p. 217
The "Skill-oriented" Strategies of German Trade Unions: Their Impact on Efficiency and Equality Objectives Birgit Mahnkopf p. 221
Access to Education Ajit S. Bhalla p. 224
The Economics of Justice in Education Henry M. Levin p. 228
Making the Grade: Educational Stratification in the United States, 1925-1989 Michael Hout and Adrian E. Raftery and Eleanor O. Bell p. 231
Part VIII Categorical Inequality
Overview Essay Laurie Dougherty p. 235
Race and Gender Wage Gaps in the Market for Recent College Graduates Catherine J. Weinberger p. 249
Intergroup Disparity: Economic Theory and Social Science Evidence William A. Darity, Jr. p. 252
What's Fairness Got To Do With It? Environmental Justice and the Siting of Locally Undesirable Land Uses Vicki Been p. 255
Tracking Racial Bias Jerome G. Miller p. 259
The Impact of Economic Change on Minorities and Migrants in Western Europe Ian Gordon p. 262
The Political Economy of Gender and Economic Progress and Gender Equality Claudia Goldin p. 266
The Gender Pay Gap Francine D. Blau p. 270
Social Construction of Skill: Gender, Power, and Comparable Worth Ronnie J. Steinberg p. 274
Racial Antagonisms and Race-Based Social Policy William Julius Wilson p. 277
The Future of Affirmative Action: Reclaiming the Innovative Ideal Susan Sturm and Lani Guinier p. 281
Part IX World Income Inequality and the Poverty of Nations
Overview Essay Kevin Gallagher p. 287
Divergence, Big Time Lant Pritchett p. 299
Globalization and Inequality, Past and Present Jeffrey G. Williamson p. 303
Income Distribution and Poverty: An Interregional Comparison Kwan S. Kim p. 306
Income Inequality and Development: The 1970s and 1980s Compared Irma Adelman and Nobuhiko Fuwa p. 309
The Relationship Between Wage Inequality and International Trade George J. Borjas and Valerie A. Ramey p. 313
Openness and Wage Inequality in Developing Countries: The Latin American Challenge to East Asian Conventional Wisdom Adrian Wood p. 316
The Distributional Impact of Privatization in Developing Countries Paul Cook and Colin Kirkpatrick p. 320
Income Distribution in Developing Economies: Conceptual, Data, and Policy Issues in Broad-Based Growth Gary Fields p. 323
Part X Responses to Inequality: The Welfare State
Overview Essay Frank Ackerman p. 327
Is There an Explanation? Alternative Models of the Labor Market and the Minimum Wage David Card and Alan B. Krueger p. 339
Generating Equality and Eliminating Poverty, the Swedish Way Anders Bjorklund and Richard B. Freeman p. 343
How Social Democracy Worked: Labor-Market Institutions Karl Ove Moene and Michael Wallerstein p. 347
The American Paradox: High Income and High Child Poverty Sheldon Danziger and Sandra Danziger and Jonathan Stern p. 351
Who Paid for the Canadian Welfare State during 1955-1988? Ardeshir Sepehri and Robert Chernomas p. 354
On Targeting and Family Benefits Anthony B. Atkinson p. 357
Bibliography p. 361
Subject Index p. 377
Name Index p. 401
Foreword Derek Bok p. xxiii
Acknowledgments p. xxvii
Volume Introduction Neva Goodwin and Frank Ackerman p. xxix
Part I Unequal Earnings: Theory versus Reality
Overview Essay Frank Ackerman p. 1
Bringing Income Distribution In from the Cold Anthony B. Atkinson p. 10
Wage Polarization in the U.S. and the "Flexibility" Debate Bennett Harrison and Barry Bluestone p. 14
Wielding the Stick David M. Gordon p. 18
Rising Wage Inequality: The U.S. versus Other Advanced Countries Richard B. Freeman and Lawrence F. Katz p. 21
Inequality, Unemployment, Inflation, and Growth James K. Galbraith p. 25
Trends in the Level and Distribution of U.S. Living Standards: 1973-1993 Gary Burtless p. 29
Part II The Distribution of Wealth and Power
Overview Essay Frank Ackerman p. 33
International Comparisons of Wealth Inequality Edward N. Wolff p. 42
Long-Term Trends in American Wealth Inequality Jeffrey G. Williamson and Peter H. Lindert p. 45
A Story of Two Nations: Race and Wealth Melvin L. Oliver and Thomas M. Shapiro p. 48
The Corporate Community and the Upper Class G. William Domhoff p. 52
Structures of Corporate Control John Scott p. 56
Part III New Paths to the Top: CEO and Celebrity Compensation
Overview Essay Frank Ackerman p. 61
How Winner-Take-All Markets Arise and The Growth of Winner-Take-All Markets Robert H. Frank and Philip J. Cook p. 77
The Cost of Talent: Summing Up Derek Bok p. 80
Management Compensation Plans--Panacea or Placebo? Michael T. Jacobs p. 84
Top Executive Pay: Tournament or Teamwork? Brian G. M. Main and Charles A. O'Reilly III and James Wade p. 88
Why Do Pro Athletes Make So Much Money? James Quirk and Rodney D. Fort p. 91
Marginal Revenue and Labor Strife in Major League Baseball Dale R. Oorlog p. 95
Part IV Corporate Power: Why Does It Matter?
Overview Essay Neva Goodwin p. 99
Economy: The Political Foundations of Production and Exchange Samuel Bowles and Herbert Gintis p. 112
Business Unity, Business Power Dan Clawson and Alan Neustadtl and Denise Scott p. 116
Bigness and Social Efficiency: A Case Study of the U.S. Auto Industry Walter Adams and James W. Brock p. 119
The Dark Side of Flexible Production Bennett Harrison p. 123
Power, Accumulation, and Crisis: The Rise and Demise of the Postwar Social Structure of Accumulation David M. Gordon and Thomas E. Weisskopf and Samuel Bowles p. 127
The Mobilization of Corporate Conservatism Jerome L. Himmelstein p. 130
Markets and Politics Robert Kuttner p. 134
The Solution: A Better Scorecard and What the Scorecard Should Contain Ralph Estes p. 138
Part V Poverty, Inequality, and Power
Overview Essay Frank Ackerman p. 143
Income, Deprivation, and Poverty and Implications for Conceptualizing and Measuring Poverty Brian Nolan and Christopher T. Whelan p. 151
The Age of Extremes: Concentrated Affluence and Poverty in the Twenty-First Century Douglas S. Massey p. 155
Social Exclusion: Toward an Analytical and Operational Framework Ajit S. Bhalla and Frederic Lapeyre p. 158
Poor Relief and the Dramaturgy of Work Frances Fox Piven and Richard Cloward p. 162
Not Markets Alone: Enriching the Discussion of Income Distribution Chris Tilly and Randy Albelda p. 166
Part VI Intrahousehold Dynamics and Changing Household Composition
Overview Essay Laurie Dougherty p. 171
Trade, Merger, and Employment: Economic Theory on Marriage Elaine McCrate p. 182
Gender Coalitions: Extrafamily Influences in Intrafamily Inequality Nancy Folbre p. 186
Renegotiating the Marital Contract: Intrahousehold Patterns of Money Allocation and Women's Subordination Among Domestic Outworkers in Mexico City Martha Roldan p. 190
Incomes, Expenditures, and Health Outcomes: Evidence on Intrahousehold Resource Allocation Duncan Thomas p. 194
The Marginalization of Black Men: Impact on Family Structure William A. Darity, Jr. and Samuel L. Myers, Jr. p. 197
Single Mothers in Sweden: Why Is Poverty Less Severe? Siv Gustafsson p. 201
Part VII Technology, Skills, and Education
Overview Essay Laurie Dougherty p. 205
Institutional Failure and the American Worker: The Collapse of Low-Skill Wages David R. Howell p. 214
Technology and Changes in Skill Structure: Evidence from an International Panel of Industries Stephen Machin and Annette Ryan and John Van Reenan p. 217
The "Skill-oriented" Strategies of German Trade Unions: Their Impact on Efficiency and Equality Objectives Birgit Mahnkopf p. 221
Access to Education Ajit S. Bhalla p. 224
The Economics of Justice in Education Henry M. Levin p. 228
Making the Grade: Educational Stratification in the United States, 1925-1989 Michael Hout and Adrian E. Raftery and Eleanor O. Bell p. 231
Part VIII Categorical Inequality
Overview Essay Laurie Dougherty p. 235
Race and Gender Wage Gaps in the Market for Recent College Graduates Catherine J. Weinberger p. 249
Intergroup Disparity: Economic Theory and Social Science Evidence William A. Darity, Jr. p. 252
What's Fairness Got To Do With It? Environmental Justice and the Siting of Locally Undesirable Land Uses Vicki Been p. 255
Tracking Racial Bias Jerome G. Miller p. 259
The Impact of Economic Change on Minorities and Migrants in Western Europe Ian Gordon p. 262
The Political Economy of Gender and Economic Progress and Gender Equality Claudia Goldin p. 266
The Gender Pay Gap Francine D. Blau p. 270
Social Construction of Skill: Gender, Power, and Comparable Worth Ronnie J. Steinberg p. 274
Racial Antagonisms and Race-Based Social Policy William Julius Wilson p. 277
The Future of Affirmative Action: Reclaiming the Innovative Ideal Susan Sturm and Lani Guinier p. 281
Part IX World Income Inequality and the Poverty of Nations
Overview Essay Kevin Gallagher p. 287
Divergence, Big Time Lant Pritchett p. 299
Globalization and Inequality, Past and Present Jeffrey G. Williamson p. 303
Income Distribution and Poverty: An Interregional Comparison Kwan S. Kim p. 306
Income Inequality and Development: The 1970s and 1980s Compared Irma Adelman and Nobuhiko Fuwa p. 309
The Relationship Between Wage Inequality and International Trade George J. Borjas and Valerie A. Ramey p. 313
Openness and Wage Inequality in Developing Countries: The Latin American Challenge to East Asian Conventional Wisdom Adrian Wood p. 316
The Distributional Impact of Privatization in Developing Countries Paul Cook and Colin Kirkpatrick p. 320
Income Distribution in Developing Economies: Conceptual, Data, and Policy Issues in Broad-Based Growth Gary Fields p. 323
Part X Responses to Inequality: The Welfare State
Overview Essay Frank Ackerman p. 327
Is There an Explanation? Alternative Models of the Labor Market and the Minimum Wage David Card and Alan B. Krueger p. 339
Generating Equality and Eliminating Poverty, the Swedish Way Anders Bjorklund and Richard B. Freeman p. 343
How Social Democracy Worked: Labor-Market Institutions Karl Ove Moene and Michael Wallerstein p. 347
The American Paradox: High Income and High Child Poverty Sheldon Danziger and Sandra Danziger and Jonathan Stern p. 351
Who Paid for the Canadian Welfare State during 1955-1988? Ardeshir Sepehri and Robert Chernomas p. 354
On Targeting and Family Benefits Anthony B. Atkinson p. 357
Bibliography p. 361
Subject Index p. 377
Name Index p. 401
The political economy of inequality /
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