Redistributive policy

The Guardian’s take on US foreign policy: The case for democratic dominance | Editorial

JBiden’s foreign policy doctrine sees the future relationship between democracies and authoritarian regimes as a competition, accompanied by a battle of narratives. Undemocratic regimes have become brazen in their repression and many democratic governments have regressed by adopting their tactics of restricting free speech and undermining the rule of law. The United States, under Donald […]

Redistributive policy

The Role of Fiscal Policy – IMF Blog

By Nikolay Georgiev and Ryota Nakatani Careful calibration of spending and tax policies can reduce the inequalities caused by automation. For many observers, automation has been responsible for both strong economic growth and rising inequality in many countries in recent decades. Automation increases productivity, but it can exacerbate inequalities. In effect, it replaces low-skilled workers […]

Redistributive policy

Wealth and history: questioning

A significant literature has studied the historical development of wealth accumulation and distribution in Western countries (e.g. Atkinson and Harrison 1978, Goldsmith 1985, Lindert 2000, Soltow and Van Zanden 2001, Roine and Waldenström 2015, Scheidel 2018 ). Particularly notable contributions are Piketty (2014) and Piketty and Zucman (2014), who document and interpret trends in aggregate […]