In this timely study of the different approaches of America and Europe to the problems of domestic inequality and poverty, the authors describe just how different the two continents are in the level of State engagement in the redistribution of income. They discuss various possible economic explanations for the difference, including different levels of pre-tax income, openness, and social mobility; they survey politico-historical differences such as the varying physical size of nations, their electoral and legal systems, and the character of their political parties, as well as their experiences of war; and they examine sociological explanations which include different attitudes to the poor and notions of social responsibility, as well as, most importantly, attitudes to race.
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Alberto Alesina is Nathaniel Ropes Professor of Political Economy and currently Chairman of the Department of Economics at Harvard University, and has been Visiting Professor at IGIER-Bocconi and MIT. He is a Research Associate for the National Bureau of Economic Research and for the Centre for Economic Policy Research. He is Co-editor of the Quarterly Journal of Economics, and in addition to his many books and papers he has published columns in the Financial Times, the Wall Street Journal Europe, Le Monde, Il Sole 24 Ore, La Stampa, Frankfurter Zeitung, and Handelsblatt, and many other newspapers nationwide.
Edward L. Glaeser is a Professor of Economics at Harvard University, where he has taught since 1992. He teaches urban and social economics and microeconomic theory, and has published dozens of papers on cities, economic growth, and law and economics. He is a Faculty Research Fellow for the National Bureau of Economic Research, and has also been a consultant for numerous international international institutions.
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