Here is a review of the book: Winner-Take-All Politics by Jacob Hacker and Paul Pierson. I have addressed the issues of concentration of wealth and government inaction on several occasions most notably Can You Still Get Ahead in America , Casino Banking and Financial Rouletter: America Loses.
There are other reviews here, here and here.
So I just finished reading Jacob Hacker and Paul Pierson’s provocatively titled Winner-Take-All Politics: How Washington Made the Rich Richer – And Turned Its Back on the Middle Class. Before I go on any further, I just have to disclose that, yes, I am biased: I took a class with Paul Pierson when I was an undergrad at Berkeley, and I found him to be a very good professor. So I might be predisposed to find the arguments of this book persuasive. T … Read More
via Chasing Fat Tails
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