{"product_id":"termites-of-the-state-why-complexity-leads-to-inequality-hardback-9781108420938","title":"Termites of the State; Why Complexity Leads to Inequality (Hardback) 9781108420938","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eTermites of the State\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eWhy Complexity Leads to Inequality\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eA sweeping historical account of the crises of income inequality and crony capitalism from a world-renowned public economist.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eVito Tanzi (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781108420938, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 28 December 2017\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e454 pages\u003cbr\u003e23.6 x 16 x 2.8 cm, 0.74 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'A fascinating discussion of why governments may sometimes aggravate the problems they set to solve. Read it if you want to reflect upon the role of the public sector in modern economics.' Alberto Alesina, Harvard University\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eIn Termites of the State, renowned public economist Vito Tanzi presents a sweeping account of the industrialized world's economic development during the twentieth century to today. In the tradition of grand economic histories, Tanzi connects the biggest issues of the modern world including extreme gaps in income distribution, increasing complexity of government actions and regulations, and asymmetry of access to information and to political influence between the elite and the rest of society. Part one covers the growth of state intervention since the early twentieth century - a time before income taxes, central banks or social welfare programs. Part two investigates how and why laws and regulations have expanded in industrialized economies. Part three, building from this foundation, explains the forces behind the precipitous rise in global inequality. With a talent for clear, non-technical writing, Tanzi has produced an important book that will be of interest to any instructor, student, or general reader of economics and public policy.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePart I. Changes in the Economic Role of the State in the Twentieth Century: 1. The age of laissez faire\u003cbr\u003e 2. The role of the state between the world wars\u003cbr\u003e 3. The coming of the welfare state\u003cbr\u003e 4. When economists thought they had found Nirvana: welfare policies\u003cbr\u003e 5. When economists thought they had found Nirvana: stabilization policies\u003cbr\u003e 6. Barbarians at the gates: challenges to Nirvana\u003cbr\u003e 7. General rules to guide governments\u003cbr\u003e 8. Giving more freedom to markets\u003cbr\u003e 9. A minimum economic role of the state?\u003cbr\u003e 10. Implications of excessive government withdrawal\u003cbr\u003e Part II. Complexity and the Rise of Termites: 11. The growth of termites\u003cbr\u003e 12. Termites in regulations\u003cbr\u003e 13. An inventory of policy tools\u003cbr\u003e 14. A closer look at regulations\u003cbr\u003e 15. Modernity and growing market termites\u003cbr\u003e 16. The allocation role in modern economies\u003cbr\u003e 17. Public goods and intellectual property\u003cbr\u003e 18. The state and its economic objectives and institutions\u003cbr\u003e 19. The state and the distribution of income\u003cbr\u003e 20. Market operations and income distribution\u003cbr\u003e 21. Poverty, inequality and government policy\u003cbr\u003e 22. Market manipulations and economic outcomes\u003cbr\u003e 23. Termites in the stabilization role\u003cbr\u003e 24. Modern government role and constitutional guidelines\u003cbr\u003e 25. The quality of the public sector and the legal framework\u003cbr\u003e 26. The quality of public institutions\u003cbr\u003e Part III. Equity and Inequality: 27. Wealth creation and government role\u003cbr\u003e 28. Recent concerns about inequality\u003cbr\u003e 29. How should governments intervene?\u003cbr\u003e 30. Intellectual property and income distribution\u003cbr\u003e 31. Historical background on intellectual property\u003cbr\u003e 32. Tax rates, tax structures and tax avoidance\u003cbr\u003e 33. Summing up of past developments\u003cbr\u003e 34. Why worry about income distribution?\u003cbr\u003e References\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e], Political economy [\u003ca title=\"See our other books on Political economy\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Political%20economy%20%5BKCP%5D%22\"\u003eKCP\u003c\/a\u003e], Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e], Politics \u0026amp; government [\u003ca title=\"See our other books on Politics \u0026amp; government\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Politics%20\u0026amp;%20government%20%5BJP%5D%22\"\u003eJP\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46002745737496,"sku":"9781108420938","price":27.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9781108420938i_98563daa-e9be-4550-bf5a-60d279fa303b.jpg?v=1696754100","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/termites-of-the-state-why-complexity-leads-to-inequality-hardback-9781108420938","provider":"Freshly Printed Books","version":"1.0","type":"link"}