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Termites of the State: Why Complexity Leads to Inequality
The Age of Laissez-Faire
monograph
Publication date
(Online):
December 16 2017
Publisher:
Cambridge University Press
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Annual Reviews Aging and Development
Author and book information
Book Chapter
Pages
: 15-21
DOI:
10.1017/9781108355681.002
SO-VID:
30229fe8-be8a-4a6c-9831-ebbe701b547f
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Book chapters
pp. 1
Introduction
pp. 15
The Age of Laissez-Faire
pp. 22
The Economic Role of the State between the World Wars
pp. 31
The Coming of the Welfare State and Reactions to It
pp. 40
When Economists Thought They Had Found Nirvana: Welfare Policies
pp. 55
When Economists Thought They Had Found Nirvana: Stabilization Policies
pp. 60
Barbarians at the Gates: Challenges to Nirvana
pp. 69
General Rules to Guide Governments
pp. 76
Giving Markets More Freedom
pp. 89
A Minimum Economic Role for the State?
pp. 105
Implications of Excessive Government Withdrawal
pp. 110
The Growth of Termites
pp. 123
Termites in Regulatory Activities
pp. 132
A Brief Inventory of Government Tools
pp. 144
A Closer Look at Regulations
pp. 153
Modernity and Growing Termites in Market Activities
pp. 163
The Allocation Role of Modern Governments
pp. 175
Public Goods, Quasi-Public Goods, and Intellectual Property
pp. 187
The State’s Economic Objectives and Its Institutions
pp. 191
The State and the Distribution of Income
pp. 202
Market Operations and Income Distribution
pp. 216
Poverty, Inequality, and Government Policies
pp. 226
Market Manipulations and Economic Outcomes
pp. 236
Termites in the Stabilization Role
pp. 247
Modern Government Role and Constitutional Guidelines
pp. 263
The Quality of the Public Sector and the Legal Framework
pp. 287
The Quality of Public Institutions
pp. 305
Synergy between Wealth Creation and Government Role
pp. 315
Recent Concerns about Inequality
pp. 324
How Should Governments Intervene?
pp. 341
Intellectual Property and Income Distribution
pp. 355
Historical Background on Intellectual Property Rights
pp. 367
Tax Rates, Tax Structures, and Tax Avoidance
pp. 383
Summing Up Past Developments
pp. 393
Why Worry about Income Distribution?
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