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Unbound: How Inequality Constricts Our Economy and What We Can Do about It
Unbound: How Inequality Constricts Our Economy and What We Can Do about It
Unbound: How Inequality Constricts Our Economy and What We Can Do about It
Audiobook8 hours

Unbound: How Inequality Constricts Our Economy and What We Can Do about It

Written by Heather Boushey

Narrated by Teri Schnaubelt

Rating: 0 out of 5 stars

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About this audiobook

Do we have to choose between equality and prosperity? Many think that reducing economic inequality would require such heavy-handed interference with market forces that it would stifle economic growth. Heather Boushey insists nothing could be further from the truth. Presenting cutting-edge economics with journalistic verve, she shows how rising inequality has become a drag on growth and an impediment to a competitive United States marketplace for employers and employees alike.

Boushey argues that inequality undermines growth in three ways. It obstructs the supply of talent, ideas, and capital as wealthy families monopolize the best educational, social, and economic opportunities. It also subverts private competition and public investment. Powerful corporations muscle competitors out of business, in the process costing consumers, suppressing wages, and hobbling innovation, while governments underfund key public goods that make the American Dream possible, from schools to transportation infrastructure to information and communication technology networks. Finally, it distorts consumer demand as stagnant wages and meager workplace benefits rob ordinary people of buying power and pushes the economy toward financial instability.

Unbound exposes deep problems in the US economy, but its conclusion is optimistic.
LanguageEnglish
Release dateFeb 18, 2020
ISBN9781705201282
Unbound: How Inequality Constricts Our Economy and What We Can Do about It

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