The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality, Brink Lindsey
  • List: $19.99  |  Sale: $13.99
    Club: $9.99
    • Facebook Share
    • Twitter Share
    • Pinterest Share

Details

The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality

Author: Brink Lindsey, Steven M. Teles

Narrator: Shawn Compton

Unabridged: 6 hr 26 min

Format: Digital Audiobook

Publisher: Tantor Audio

Published: 08/28/2018

Genre: Social Science - Social Classes

Synopsis

For years, America has been plagued by slow economic growth and increasing inequality. Yet economists have long taught that there is a tradeoff between equity and efficiency—that is, between making a bigger pie and dividing it more fairly. That is why our current predicament is so puzzling: today, we are faced with both a stagnating economy and sky-high inequality. In The Captured Economy, Brink Lindsey and Steven M. Teles identify a common factor behind these twin ills: breakdowns in democratic governance that allow wealthy special interests to capture the policymaking process for their own benefit. They document the proliferation of regressive regulations that redistribute wealth and income up the economic scale while stifling entrepreneurship and innovation. When the state entrenches privilege by subverting market competition, the tradeoff between equity and efficiency no longer holds. Over the past four decades, new regulatory barriers have worked to shield the powerful from the rigors of competition, thereby inflating their incomes—sometimes to an extravagant degree. Lindsey and Teles detail four of the most important cases: subsidies for the financial sector's excessive risk taking, overprotection of copyrights and patents, favoritism toward incumbent businesses through occupational licensing schemes, and the NIMBY-led escalation of land use controls that drive up rents for everyone else. Freeing the economy from regressive regulatory capture will be difficult. Lindsey and Teles are realistic about the chances for reform, but they offer a set of promising strategies to improve democratic deliberation and open pathways for meaningful policy change. An original and counterintuitive interpretation of the forces driving inequality and stagnation, The Captured Economy is a "must-listen" for anyone concerned about America's mounting economic problems and the social tensions they are sparking.

Recommended

Moneyland The Inside Story of the Crooks and Kleptocrats Who Rule the World, Oliver Bullough
Moneyland
by Oliver Bullough

List: $26.99

Sale: $18.89

Club: $13.49

Narrator: Oliver Bullough
Published: 05/07/2019

The Righteous Mind Why Good People Are Divided by Politics and Religion, Jonathan Haidt
The Righteous Mind
by Jonathan Haidt

List: $39.98

Sale: $27.98

Club: $19.98

Narrator: Jonathan Haidt
Published: 07/17/2012

Holding the Line Inside Trump's Pentagon with Secretary Mattis, Guy M. Snodgrass
Holding the Line
by Guy M. Snodgrass

List: $17.50

Sale: $12.25

Club: $8.75

Narrator: Guy M. Snodgrass
Published: 10/29/2019

Alienated America Why Some Places Thrive While Others Collapse, Timothy P. Carney
Alienated America
by Timothy P. Carney

List: $26.99

Sale: $18.89

Club: $13.49

Narrator: Charles Constant
Published: 02/19/2019

Hidden America From Coal Miners to Cowboys, an Extraordinary Exploration of the Unseen People W ho Make This Country Work, Jeanne Marie Laskas
Hidden America
by Jeanne Marie Laskas

List: $17.50

Sale: $12.25

Club: $8.75

Narrator: Jamie Heinlein
Published: 09/13/2012

Into the Raging Sea Thirty-Three Mariners, One Megastorm, and the Sinking of the El Faro, Rachel Slade
Into the Raging Sea
by Rachel Slade

List: $26.99

Sale: $18.89

Club: $13.49

Narrator: Erin Bennett
Published: 05/01/2018

Nomadland Surviving America in the Twenty-First Century, Jessica Bruder
Nomadland
by Jessica Bruder

List: $29.99

Sale: $21.00

Club: $14.99

Narrator: Karen White
Published: 09/26/2017

The Short and Tragic Life of Robert Peace A Brilliant Young Man Who Left Newark for the Ivy League, Jeff Hobbs
The Short and Tragic Life of Robert P...
by Jeff Hobbs

List: $23.99

Sale: $16.79

Club: $11.99

Narrator: George Newbern
Published: 09/23/2014

Drink The Intimate Relationship Between Women and Alcohol, Ann Dowsett Johnston
Drink
by Ann Dowsett Johnston

List: $24.99

Sale: $17.50

Club: $12.49

Narrator: Carrington MacDuffie
Published: 10/01/2013
{"id":"2404982","ean":"9781541446236","abr":"Unabridged","title":"The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality","subtitle":"How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality","author":"Brink Lindsey","rating_average":"0","narrator":"Shawn Compton","ubr_id":"2404982","abr_id":"0","ubr_price":"19.99","abr_price":"0.00","ubr_memprice":"11.99","abr_memprice":"0.00","ubr_narrator":"Shawn Compton","abr_narrator":"","ubr_length":"Unabridged: 6 hr 26 min","abr_length":"Abridged: "}