Equality and Efficiency: The Big Tradeoff [Arthur M Okun] on *FREE * shipping on qualifying offers. Book by Arthur M Okun. Equality and Efficiency has ratings and 9 reviews. Sagar said: Okun clarifies the issues surrounding the tradeoff between equality and efficiency, ra. Equality and Efficiency: The Big Tradeoff. By Arthur M. Okun. (Washington, D.C.: The Brookings Institution, Pp. $) – Volume 71 Issue 2 – Aaron.

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Equality and Efficiency: The Big Tradeoff

It’s not especially theoretical, but I’m sure policy types would enjoy it a little more. Toffano rated it really liked it Apr 22, Books by Arthur M. Squality Okun’s view, society’s concern for human dignity can be directed at reducing the economic deprivation ojun stains the record of American democracy—through progressive taxation, transfer payments, job programs, broadening equality of opportunity, eliminating racial and sexual discrimination, and lowering barriers to access to capital.

Refresh and try again. There are no discussion topics on this book yet. Today, Okun’s dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In classrooms Arthur M.

Sep 08, Christopher rated it it was amazing. If you’re interested in I have to say, the word “big” strikes me as just a little bit juvenile in a context like, say, the subtitle of a “serious” book.


Jerrodm abd it it was amazing Jun 18, Dec 23, Sagar Jethani rated it liked it Shelves: In contrast, our basic system emerges as a viable, if uneasy, compromise in which the market has its place and democratic institutions keep it in check. When Okun died unexpectedly at the age of just 51 in Marchhe was hailed as an innovative and effective policy economist who was unique in holding the respect and admiration of ewuality academic economists and practical politicians.

Selected pages Title Page.

To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. This book brings the two together nicely, once again captured in the very title of Okun’s book. No equaluty or quizzes yet. With a new foreword by Lawrence H. To see what your friends thought of this book, please sign up.

Sonia rated it it was amazing Jul 19, Okun No preview available – Luke rated it it was amazing Sep 17, Matt rated it really liked it May 03, Open Preview See a Problem? Okun clarifies the issues surrounding the tradeoff between equality and efficiency, rather than taking a firm position on the issue of how much society should exchange one for the other. Minh rated it really liked it Nov 10, Very interesting book, written back in the s, and still relevant.


Reading this will illustrate just how extreme the Republican snd has moved since the book’s original publication in the mid’s. Okun is a champion for equality, differing from his many conservative colleagues in the economics profession such as Milton Friedmen.

Equality and Efficiency: The Big Tradeoff by Arthur M. Okun

The Case for the Market. In this revised and expanded version of the Godkin Lectures presented at the John F. The Big Tradeoff by Arthur M.

Lists with This Book. With regards to efficiency, the concept he invokes of the “leaky bucket” is both useful and memorable as a tool for thinking about redistribution from the rich to the poor. The existance of a trade-off between equality and efficiency should be a much bigger part of the debate in economics. My library Help Advanced Book Search.

Yet economic institutions, with efficiency as their guiding principle, create disparities among citizens in tardeoff standards and material welfare. Casey Tuttle rated it really liked it Mar 22,