A Capitalism for the People by Zingales, Luigi -- Read -- Imperial Library of Trantor

Index

Title Page Dedication Preface Introduction PART ONE - THE PROBLEM

1 - THE AMERICAN EXCEPTION

WHAT IS SO SPECIAL ABOUT THE UNITED STATES? THE LUCKY OUTCOME

2 - WHO KILLED HORATIO ALGER?

WHAT IS MERITORIOUS? THE TENSION BETWEEN DEMOCRACY AND MERITOCRACY TIGER WOODS AND THE GREENSKEEPERS MANY GREENSKEEPERS LEFT BEHIND THE DEATH OF HORATIO ALGER CONCLUSIONS

3 - CRONY CAPITALISM AMERICAN STYLE

THE BENEFITS OF COMPETITION THE EAST INDIA COMPANY THE TRADITIONAL VIEW OF MONOPOLIES THE BENEFITS OF ANTITRUST LAW OTHER PEOPLE’S MONEY CRONYISM THE POLITICIZATION OF DECISIONS INSIDE FIRMS MODERN-DAY EAST INDIA COMPANIES CONCLUSIONS

4 - CRONY FINANCE

HOW DID IT HAPPEN? TOO MUCH POWER TOO BIG TO FAIL TOO BIG TO MANAGE TOO “SMART” TO MANAGE TOO OLIGOPOLISTIC THE MODERN TEAMSTERS

5 - BAILOUT NATION

THE GROWING LEVIATHAN TULLOCK’S PARADOX THE PROBLEM WITH PORK THE DEMISE OF THE ANTIBUSINESS IDEOLOGY THE PROTOTYPICAL PRIVATE-PUBLIC PARTNERSHIP RUBIN’S BAILOUT DOCTRINE THE GREENSPAN PUT BAILOUT NATION CONCLUSIONS

6 - THE RESPONSIBILITIES OF THE INTELLECTUALS

BEWARE OF EXPERTS ESPRIT DE CORPS, INBREEDING, AND GROUPTHINK CONCLUSIONS

7 - THE TIME FOR POPULISM

THE GOLDEN AGE THE WORLD IS CATCHING UP THE MODERN FARMERS THE POPULIST REACTION WHICH POPULISM? PROMARKET POPULISM

PART TWO - SOLUTIONS

8 - EQUALITY OF OPPORTUNITY

THE DISTURBING PICTURE OF FARMS AND EBOOKS THE ECONOMICS OF WINNER-TAKE-ALL THE VALUE OF BOSSES LOSERS’ RESPONSE THE EFFECTS OF AN ECONOMY OF SUPERSTARS THE POLITICS OF AN ECONOMY OF SUPERSTARS THE WRONG FIXES THE WORST CRONYISM VOUCHER-BASED OPPORTUNITY THE NEED FOR A SAFETY NET CONCLUSIONS

9 - FIGHTING INEQUALITY WITH COMPETITION

CRONY CAPITALISTS ARE US: ACADEMICS . . . . . . AND THE HEALTH-CARE INDUSTRY ACTIVELY PROMOTING COMPETITION REINVENTING THE ANTITRUST COMPETITION IN THE INFORMATION ECONOMY FIXING CORPORATE GOVERNANCE CONCLUSIONS

10 - THE NEED FOR A MARKET-BASED ETHICS

AMORAL FAMILISM THE IMPORTANCE OF TRUST CIVIC CAPITAL WHERE DOES CIVIC CAPITAL COME FROM? AMERICA’S ORIGINAL ADVANTAGE MORALS AND MORTGAGES ETHICS AND ECONOMICS HOW TO DETERMINE SOCIAL NORMS THE ROLE OF BUSINESS SCHOOLS CONCLUSIONS

11 - LIMITS TO LOBBYING

NOT ALL LOBBYING IS CREATED EQUAL WHAT’S THE EVIDENCE? UNFAIR COMPETITION THE REGULATION CONUNDRUM THANK YOU FOR SMOKING COMPETITION IN THE ACADEMIC MARKET COMPETITION FOR NEWS THE MUCKRAKING EXPERIENCE SHAMING IT TAKES ONE TO BEAT ONE CONCLUSIONS

12 - SIMPLE IS BEAUTIFUL

WHY SO COMPLICATED? SIMPLE IS BEAUTIFUL SIMPLE ENFORCEMENT THE SIMPLICITY OF ZERO AN APPLICATION TO THE PERSONAL TAX CODE SIMPLIFYING CORPORATE TAXES THE SIMPLICITY OF CERTAINTY SIMPLE AND EQUAL ENFORCEMENT TO THE PEOPLE CONCLUSIONS

13 - GOOD AND BAD TAXES

WHY TAXES? THE MORAL BASIS OF TAXATION BAD TAXES GOOD TAXES TWO USEFUL PIGOUVIAN TAXES THE POLITICS OF TAX AND SUBSIDIES INVERTING THE PERVERSE POLITICS OF SUBSIDIES CONCLUSIONS

14 - REFORMING FINANCE

MONETARY POLICY CONSUMER PROTECTION AND FINANCIAL INNOVATION SAVING MARKETS CURBING RISK ON WALL STREET CONCLUSIONS

15 - DATA TO THE PEOPLE

THE POWER OF DATA DATA TO THE PEOPLE PEOPLE TO THE DATA CONCLUSIONS

16 - PRO MARKET, NOT PRO BUSINESS

THE REAL TENSION THE GENIUS OF COMPETITION ACCOUNTABILITY A MARKET-BASED ETHIC

Acknowledgments NOTES INDEX Copyright Page