Cycles of Policy Control

Mark Joseph Stelzner

2015

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DOI 10.1057/9781137388117_5
Data confidence 70 medium
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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. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.