Summary of Political Capitalism
The Interaction between Income Inequality, Economic Freedom and Democracy
CESifo Group Munich , 2015
Research shows that widely disparate levels of income within a country affect its “economic freedom.”
Income inequality as a factor in national development has come increasingly under scrutiny. This academic but accessible report from professors Tim Krieger and Daniel Meierrieks offers new empirical evidence on the impacts of income gaps on “economic freedom” and on the hazards of “political capitalism.” getAbstract recommends this timely study to economists, policy makers and others concerned about growing income inequality.
In this summary, you will learn
- How growth and “economic freedom” interrelate,
- What impact income inequality has on economic freedom, and
- How political systems influence economic freedom.
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