Читать книгу Engine of Inequality - Karen Petrou - Страница 2
ОглавлениеTable of Contents
1 Cover
8 Chapter 1: Inequality: Why It's So Much Worse and What to Do About It What We Know about Inequality that Economists Don't The Economic-Recovery Mirage Why So Unequal So Fast? Regulatory Wreckage How to Fix Financial Policy Notes
9 Chapter 2: How Unequal Are We? Economic Inequality Fundamentals Who Has How Much What of Wealth? The Inequality Engine Worse Than That The Most Inclusive Ever? The Great Financial Crisis and Its Equality Aftermath Notes
10 Chapter 3: What Makes Us So Unequal The Mechanical Engineering of Economic Inequality Death and Taxes The Role of Transfer Payments A Supply-Side Solution? Public Wealth: A Sputtering Part in the Equality Engine Is Education the Answer? Is Trade Policy a Problem? Global Policy Reform? What to Do? Notes
11 Chapter 4: Why Does Economic Inequality Matter So Much? Inequality and Mortality Political Polarization Inequality's Eviscerating Cost Inequality and the Long Recession Financial-Crisis Risk Notes
12 Chapter 5: Following the Money How Central Banks Work The Modern Monetary-Policy Construct The Fed's Bailout Buckets The Fed's Payment Powers Rules of the Financial Road Four Fundamental Financial-Policy Flaws Notes
13 Chapter 6: How Monetary Policy Made Most of Us Poorer The Fed's Heavy Hand Why It's the Fed's Fault How Ultra-Low Interest Rates Made America Still Less Equal and QE Still More Inequitable The High Cost of Low-Rate Debt The Low-Unemployment Myth The Anti-Wealth Effect Making Matters Still Worse A Bigger Fed, Lower Rates, an Extreme Financial Crisis Notes
14 Chapter 7: How to Make Monetary Policy Make Us More Equal The Aggregate-Data Error The Fed's Real Mandate The Fourth Mandate The Fed's Giant Faucet Possible Solutions Slowing the Inequality Engine Notes
15 Chapter 8: Reckoning with Regulation Consumer Finance Before the Crash Are Debtors Just Deadbeats? Are Banks to Blame? The Businesses Banks Left Behind Other Precursors of the Crash That Came Capitalism and Capital Regulation A Capital Cure Going with the Flow Death without Destruction The Consumer-Protection Quagmire An Unreadable Rulebook Thrown Only at Banks The Bleak Outlook and a Better Future Notes
16 Chapter 9: Remaking Money What Money Is and Will Be The Great Unequalizer Turning Money into Data What Makes Money Good Money Crafting a Good Digital Dollar How Money Moves The Central-Bank Solution Notes
17 Chapter 10: Rules to Equitably Live By Why Not Just Deregulate? Learning to Love Like-Kind Rules The Specifics of Symmetric Regulation Raising Up the Regulatory Playing Field Building a New, Equality-Focused Banking System Banking While Mailing Establishing Equality Banks New Money for a New Mission Notes
18 Chapter 11: Financial Policy for an Equitable Future Turning the Fed into a Force for Good The Fed's Failings The Fed's Equality Toolkit The First Fix: Understanding America as It Is The Second Fix: Set an Equality Plan and Say So The Third Fix: A Far Smaller Fed Portfolio The Fourth Fix: Normal, Moderate Interest Rates The Final Fix: Ensuring Financial Stability Ending the Doom Loop The Future of Equitable Finance Notes
19 Index
List of Tables
1 Chapter 7Table 7.1 Where Households Keep Their Wealth 1983 vs. 2016
2 Chapter 10Table 10.1 Equality-Essential Regulation
3 Chapter 11Table 11.1 Monetary-Policy Tools to Repair the Inequality Engine
List of Illustrations
1 Chapter 2Figure 2.1 Diverging Income Inequality: Changes to Income Distribution 1980-...Figure 2.2 Growth in Real Income for Select Income Groups, 1989–2016Figure 2.3 Growth in Real Wealth for Select Income Groups, 1989–2016
2 Chapter 3Figure 3.1 The Rise and Fall of U.S. Public Wealth, 1945–2015
3 Chapter 6Figure 6.1 Fed Balance Sheet Growth Since 2004Figure 6.2 Top 10% Income Share at its Highest Level in 100 YearsFigure 6.3 21st Century Wealth GrowthFigure 6.4 Trends in Who Has How Much of What When
4 Chapter 8Figure 8.1 Bank Lending Remains Below Pre-Crisis Levels
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