The Economics of Belonging

Sandbu demonstrates that the rising numbers of the left behind are not due to globalization gone too far. Rather, technological change and flawed but avoidable domestic policies have eroded the foundations of an economy in which everyone can participate--and would have done so even with a much less globalized economy. Sandbu contends that we have to double down on economic openness while pursuing dramatic reforms involving productivity, regional development, support for small- and medium-sized businesses, and increased worker representation. He discusses how a more active macroeconomic policy, education for all, universal basic income, and better taxation of capital could work together for society's benefit.

About the author

Martin Sandbu

Summary

A radical new approach to economic policy that addresses the symptoms and causes of inequality in Western society today

Additional text

"This is a crisply written analysis of economic discontents and their political consequences. Though written in the pre-pandemic era, the conclusions and prescriptions of this book are very relevant to our current debates."---Paschal Donohoe, Irish Times

Product details

• Authors: Martin Sandbu, Sandbu Martin
• Publisher: Princeton University Press
• Languages: English
• Product format: Hardback
• Released: 30.04.2020
• EAN: 9780691204529
• ISBN: 978-0-691-20452-9
• No. of pages: 296
• Dimensions: 155 mm x 225 mm x 25 mm
• Subjects: Social sciences, law, business > Political science > Political science and political education; BUSINESS & ECONOMICS / Economics / General, POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Economics / Theory, POLITICAL SCIENCE / Public Policy / General, Economic theory & philosophy, Political Economy, Central / national / federal government policies, Central government policies, Economic theory and philosophy