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The Captured Economy


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Table of Contents

Chapter One: The Paradox of Stagnation and Exploding Inequality Chapter Two: Why Rents Matter Chapter Three: Finance Chapter Four: Intellectual Property Chapter Five: Occupational Protection Chapter Six: Land Use Chapter Seven: The Macropolitics of Regressive Stagnation Chapter Eight: The Politics of Breaking Regressive Stagnation Chapter Nine: Conclusion

About the Author

Brink Lindsey is Vice President, The Cato Institute, and author of The Age of Abundance and Human Capitalism. Steven M. Teles is Associate Professor of Political Science, Johns Hopkins University, author of The Rise of the Conservative Legal Movement, and co-author of Prison Break.


"A compelling and original argument about one of the most pressing issues of our time, The Captured Economy challenges readers to break out of traditional ideological and partisan silos and confront the hidden forces that are strangling opportunity in the contemporary United States." - Matthew Yglesias, Vox"Are you looking for how to get out of our current mess? The Captured Economy is perhaps the very best place to start." -Tyler Cowen, Professor of Economics, George Mason University"American politics is mired in endless arguments about how much downward redistribution we want and how to provide it. But as Brink Lindsey and Steven Teles point out in this engaging, powerfully argued book, the reality of our political economy often looks much more like upward redistribution. In one arena after another, public policy enriches the already rich and advantages the already advantaged." -Yuval Levin, editor of National Affairs"Steven Teles and Brink Lindsey ask one of the most important questions of our times: What are the political reforms we need to reduce the ability of the wealthy to maintain their capture of our government? Combining the analytic forces of liberalism and libertarianism, they provide a much-needed investigation into why the U.S. government works on behalf of the powerful and the steps we can take to address rising inequality and regressive." -Heather Boushey, co-editor of After Piketty: The Agenda for Economics and Inequality"A clear and brilliant explanation of what has happened to America over the last few decades. Anyone who wants to understand what has happened to our economy, or our politics, needs to read this book." -Megan McArdle, Bloomberg View

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