Why Redistribution Fails (Encounter Broadsides)
| Author | : | |
| Rating | : | 4.46 (814 Votes) |
| Asin | : | 1594038732 |
| Format Type | : | paperback |
| Number of Pages | : | 48 Pages |
| Publish Date | : | 2017-03-30 |
| Language | : | English |
DESCRIPTION:
George P. Wood said Regardless of redistribution's morality, the U.S. government simply can't pull it off. According to American progressives, economic inequality is a social-justice problem for which income redistribution is a necessary political solution. In this Encounter Broadside, James Piereson sets the moral question about income redistribution to one side and focuses on a more practical question, whether government can do it well. He answers that it cannot.“[T]he progressive case i
He is the author of The Inequality Hoax (2014) and Shattered Consensus: The Rise and Decline of America's Post War Political Order (2015).. Simon Foundation. He is a frequent contributor to various journals and newspapers, including The New Criterion, The Wall Street Journal, Commentary, The Weekly Standard, and The Washington Post. About the AuthorJames Piereson is a senior fellow at the Manhattan Institute and president of the William E
For reasons of policy, tradition, and constitutional design, this is not the case. The United States currently has one of the more progressive income tax systems in the industrial world but it does little to redistribute income from the wealthy to the poor. One reason for this is that, though the government spends vast sums on programs to aid the poor, most of these funds flow to providers of services rather than to the poor themselves. Thus, whatever one may think of inequality, redistributive tax and spending policies are unlikely to do much to ameliorate it but will instead line the pockets of providers and advocates who wield great influence in Washington.. Democratic presidential candidates, including Hillary Clinton and Bernie Sanders, along with progressive economists like Thomas Piketty and Paul Krugman, have made a case for redistributing income from the wealthy to the poor as a means of reducing inequalities in income and wealth. Meanwhile, public opinion polls show that voters reject programs of redistribution in favor of policies designed to promote overall economic growth and job creation. While voters are concerned about inequality, they are more skeptical of the capacity of the government to do anyth
Simon Foundation. He is a frequent contributor to various journals and newspapers, including The New Criterion, The Wall Street Journal, Commentary, The Weekly Standard, and The Washington Post. He is the author of The Inequality Hoax (2014) and Shattered Consensus: The Rise and Decline of America's Post War Political Order (2015).. James Piereson is a sen