INEQUALITY: The New Plutocrats

Abstract: 

Berkeley professor and prominent economics blogger Brad DeLong and Oscar Landerretche, a professor at the Universidad de Chile, talk about the policy underpinnings of and possible responses to economic inequality in Chile and the United States.

Although the United States and Chile are "two very different countries at two very different moments of development," their recent histories include some surprising similarities, argued Oscar Landerretche, director of the School of Economics and Business at the Universidad de Chile. In both countries, efforts to reduce substantial inequality have been limited by an ineffective relationship between public policy challenges and the political process.

Author: 
James Gerardo Lamb
Publication date: 
August 16, 2012
Publication type: 
Berkeley Review of Latin American Studies Article