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| 2018-04-10
J. Bradford DeLong
http://bradford-delong.com
brad.delong@gmail.com
@delong
B
OOK
T
ALK
: R
EFRESHMENT
R
ECEPTION
: B
RINK
L
INDSEY
& S
TEVE
T
ELES
Takeaways:
•
St
agnating economy
,
sky-high inequality
•
D
emocratic governan
ce b
reakdowns
:
wealthy interests capture policymaking
•
R
egressive regulations that redistribute
wealth and income up the economic
scale
•
S
tifling entrepreneurship and innovation
•
N
ew regulatory barriers shield the
powerful fro
m
competition inflating
their incomes
extravagant
ly:
1.
S
ubsidies for fi nanc
e’s
excessive risk
2.
O
verprotection of
IP
3.
F
avoritism toward incumbent
s
through occupational licensing
4.
NIMBY-led escalation of land use
controls that drive up rents for
everyone else.
•
Needed: improve democratic
deliberation; pathways for meaningful
change
Program:
2:10: Brad DeLong, Intro
2:15: Brink Lindsey and
Steve Teles,
The
Captured Economy
2:40: Discussants
Thomas Mann
Joseph Lough
Rakesh Bhandari
3:00:
Brink Lindsey and
Steve Teles
, Response
3:10: General Discussion
3:30: Reception
with
Refreshments
Recommended by:
“H
ow to get out of our current mess?
The Captured Economy
is perhaps the
very best place to start
…”—Tyler
Cowen, Professor, George Mason
“A
much-needed investigation into why
the U.S. government works
for
the
powerful
…”—Heather Boushey, 2016
Democratic Economic Policy Director
Available at:
Powell’s:
https://tinyurl.com/
dl20180402a
Google Books:
https://tinyurl.com/
dl20180402b
Niskanen Center:
<
https://niskanencenter.org
>
The
Captured
Economy
How the Powerful Enrich
Themselves, Slow Down
Growth, and Increase Inequality
“The best attempt so far at a social
democratic–libertarian synthesis of the
origins and cure of our current political-
economic ills…”—Brad DeLong
Tu Apr 10 | 2 pm | Blum Hall | Plaza Level |
U.C. Berkeley
