Cycles of Policy Control

Mark Stelzner

Chapter 5 in Economic Inequality and Policy Control in the United States, 2015, pp 73-90 from Palgrave Macmillan

Abstract: Abstract In Chapter 5, I put forward another explanation for the mixed performance of our political system in addressing income inequality. This explanation integrates ideas from game theory and behavioral economics and can better explain the long-term trends of the income share of the top 1 percent and the orientation of laws and institutions in the United States since the 1870s.

Keywords: Income Inequality; Policy Control; Political Action; Economic Inequality; Public Good Game (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38811-7_5

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DOI: 10.1057/9781137388117_5

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