LEADER 00000nim a22004575a 4500 003 MWT 005 20191125033521.0 006 m o h 007 sz zunnnnnuned 007 cr nnannnuuuua 008 180831s2018 xxunnn es i n eng d 020 9781977305480 (sound recording : hoopla Audio Book) 020 1977305482 (sound recording : hoopla Audio Book) 029 https://d2snwnmzyr8jue.cloudfront.net/ ttm_9781977305480_180.jpeg 028 42 MWT12199612 037 12199612|bMidwest Tape, LLC|nhttp://www.midwesttapes.com 040 Midwest|erda 082 00 339.2/20973|223 099 eAudiobook hoopla 099 eAudiobook hoopla 100 1 Lindsey, Brink,|eauthor. 245 14 The captured economy :|bhow the powerful enrich themselves, slow down growth, and increase inequality|h[Hoopla electronic resource] /|cBrink Lindsey and Steven M. Teles. 250 Unabridged. 264 1 [United States] :|bTantor Audio,|c2018. 264 2 |bMade available through hoopla 300 1 online resource (1 audio file (6hr., 26 min.)) : |bdigital. 336 spoken word|bspw|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 344 digital|hdigital recording|2rda 347 data file|2rda 506 Digital content provided by hoopla. 511 1 Read by Shawn Compton. 520 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. 538 Mode of access: World Wide Web. 650 0 Income distribution|zUnited States. 651 0 United States|xEconomic conditions. 700 1 Teles, Steven Michael,|eauthor. 710 2 hoopla digital. 856 40 |uhttps://www.hoopladigital.com/title/ 12199612?utm_source=MARC|zInstantly available on hoopla. 856 42 |zCover image|uhttps://d2snwnmzyr8jue.cloudfront.net/ ttm_9781977305480_180.jpeg