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Taming private leviathans: regulation may be more effective than taxes

Arezki, Rabah, Islam, Asif and Rota-Graziosi, Grégoire (2021) Taming private leviathans: regulation may be more effective than taxes. USApp – American Politics and Policy Blog (24 Apr 2021). Blog Entry.

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Abstract

The increasing concentration of wealth and economic power calls for policy action to tame the rise of “private leviathans”. Rabah Arezki, Asif Islam and Grégoire Rota-Graziosi argue that, following commodity booms, regulation, especially pertaining to competition, is found to limit concentration of wealth while taxation has little effect. This is consistent with the primacy of ex-ante (preventive) interventions over ex-post (after-the-fact) ones for addressing wealth inequality.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/usappblog/
Additional Information: © 2021 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HJ Public Finance
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HB Economic Theory
Date Deposited: 11 Jun 2021 11:24
Last Modified: 31 Aug 2021 23:04
URI: http://eprints.lse.ac.uk/id/eprint/110686

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