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Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job destruction, systemic risks, and greater income inequality. Current social policies may not be adequate for achieving the goals of redistributing the gains from automation and...
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requires little redistribution. But reducing inequality and alleviating poverty do require redistribution. To reduce inequality … redistribute large amounts of income without noticeably reducing inequality, others reduce inequality with less redistribution and …
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blocks of lifetime disparities. We look at lifetime inequality and the redistribution properties of taxes and benefits using … the lowest earnings capacity, the tax and benefits system does achieve life-cycle redistribution. Other policies like …
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