What's Luck Got to Do with It?: How Smarter Government Can Rescue the American Dream

Name: What's Luck Got to Do with It?: How Smarter Government Can Rescue the American Dream
Price: 19.58 USD
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Book Synopsis: The American dream of equal opportunity is in peril. America's economic inequality is shocking, poverty threatens to become a heritable condition, and our healthcare system is crumbling despite ever increasing costs.

In this thought-provoking book, Edward D. Kleinbard demonstrates how the failure to acknowledge the force of brute luck in our material lives exacerbates these crises - leading to warped policy choices that impede genuine equality of opportunity for many Americans. What's Luck Got to Do with It? combines insights from economics, philosophy, and social psychology to argue for government's proper role in addressing the inequity of brute luck. Kleinbard shows how well-designed public investment can blunt the worst effects of existential bad luck that private insurance cannot reach and mitigate inequality by sharing the costs across the entire risk pool, which is to say, all of us. The benefits, as Kleinbard shares in a wealth of data, are economic as well as social - a more inclusive economy, higher national income, and greater life satisfaction for millions of Americans.

Like it or not, our lives and opportunities are determined largely by luck. Kleinbard shows that while we can't undo every instance of misfortune, we can offer a path to not just a fairer America, but greater economic growth, more broadly shared.

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Are you tired of the growing economic inequality in America? Do you believe that everyone should have equal opportunities to achieve the American dream? We have a solution for you. Introducing "What's Luck Got to Do with It?: How Smarter Government Can Rescue the American Dream" by Edward D. Kleinbard.

In this thought-provoking book, Kleinbard unveils how the failure to recognize the impact of sheer luck in our lives exacerbates the current crises we face. But that's not all - he also presents a compelling argument for government intervention to address the inequity caused by luck. With insights from economics, philosophy, and social psychology, Kleinbard highlights the importance of well-designed public investment to counteract the negative effects of bad luck that private insurance fails to mitigate.

Imagine a society where the burden of misfortune is shared by all, leading to a fairer America. By pooling the risks across the entire population through government intervention, we can help millions of Americans achieve better economic opportunities. And the benefits extend beyond just social impact. As Kleinbard presents in a wealth of data, a more inclusive economy means higher national income and greater life satisfaction for all Americans.

It's time to embrace the reality that luck plays a significant role in our lives and take action to create a fairer society. "What's Luck Got to Do with It?" offers not only a path to a more egalitarian America but also a recipe for economic growth. Don't miss out on this powerful book that will change the way you view the American dream.

Ready to learn more? Click here to grab your copy and join the movement towards a fairer America.

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