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Economic Inequality and Policy Control in the United States

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  • © 2015

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Authors:
  1. Mark Stelzner

    1. Nazarbayev University, Kazakhstan

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-viii
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  2. Income Inequality in the United States Today

    • Mark Stelzner
    Pages 1-18

  3. Changing the Rules of the Game

    • Mark Stelzner
    Pages 19-34

  4. The Gilded Age, the Progressive Era, and the New Era

    • Mark Stelzner
    Pages 35-56

  5. Mixed Results

    • Mark Stelzner
    Pages 57-72

  6. Cycles of Policy Control

    • Mark Stelzner
    Pages 73-90

  7. How Do We Fix It?

    • Mark Stelzner
    Pages 91-98

  8. Back Matter

    Pages 99-108
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Keywords

About this book

The income share of the top one percent of the population in the United States has increased from a little over nine percent of national income in the 1970s to 22.46 percent in 2012 a 144 percent increase. What is driving this astronomic growth in incomes for some? Is it possibly the result of non-meritorious forces? If so, how has this incredibly unequal development coexisted, and indeed worsened, in a political system based on equality? In Economic Inequality and Policy Control in the United States, Stelzner tackles each of these questions, and, in order to further develop understanding, Stelzner looks to the past and analyzes our experience with income inequality and the orientation of laws and institutions from the Gilded Age through the New and Fair Deal. He concludes that we have the tools to tackle inequality at present the same policies we used during the New and Fair Deal. However, in order to make change durable, we have to eliminate the undemocratic elements of our political system.

Authors and Affiliations

  • Nazarbayev University, Kazakhstan

    Mark Stelzner

About the author

Mark Stelzner is Assistant Professor of Economics at Nazarbayev University, Kazakhstan. He earned his Ph.D. in economics from the University of Massachusetts, Amherst, USA. Stelzner s primary research interests are income inequality, institutions, and the political underpinnings of the economic system.

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