Toward an Inframarginal Revolution
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- Publisher:
- Cambridge University Press
- Publication date:
- September 2025
- October 2025
- ISBN:
- 9781009306720
- 9781009306775
- Dimensions:
- (229 x 152 mm)
- Weight & Pages:
- 0.973kg, 528 Pages
- Dimensions:
- Weight & Pages:
- Subjects:
- Economics, Industrial Economics, Law, Competition Law
You may already have access via personal or institutional login- Subjects:
- Economics, Industrial Economics, Law, Competition Law
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Book description
Over the past fifteen years, there has been a growing interest in altering legal rules to redistribute wealth, with many scholars believing that neoclassical economic theory is biased against redistribution. Yet a growing number of progressive scholars are pushing back against this view. Toward an Inframarginal Revolution offers a fresh perspective on the redistribution of wealth by legal scholars who argue that the neoclassical concept of the gains from trade provides broad latitude for redistribution that will not harm efficiency. They show how policymakers can redistribute wealth via taxation, price regulation, antitrust, consumer law, and contract law by focusing on the prices at which inframarginal units of production change hands. Progressive and eye-opening, this volume uses conservative economic concepts to make a compelling case for radically redistributing wealth. This title is part of the Flip it Open Programme and may also be available open access. Check our website Cambridge Core for details.
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