The Hidden Wealth of Nations

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Release : 2015-09-22
Genre : Business & Economics
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Book Rating : 56X/5 ( reviews)

The Hidden Wealth of Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Hidden Wealth of Nations write by Gabriel Zucman. This book was released on 2015-09-22. The Hidden Wealth of Nations available in PDF, EPUB and Kindle. We are well aware of the rise of the 1% as the rapid growth of economic inequality has put the majority of the world’s wealth in the pockets of fewer and fewer. One much-discussed solution to this imbalance is to significantly increase the rate at which we tax the wealthy. But with an enormous amount of the world’s wealth hidden in tax havens—in countries like Switzerland, Luxembourg, and the Cayman Islands—this wealth cannot be fully accounted for and taxed fairly. No one, from economists to bankers to politicians, has been able to quantify exactly how much of the world’s assets are currently hidden—until now. Gabriel Zucman is the first economist to offer reliable insight into the actual extent of the world’s money held in tax havens. And it’s staggering. In The Hidden Wealth of Nations, Zucman offers an inventive and sophisticated approach to quantifying how big the problem is, how tax havens work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are a quickly growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over 25%—there has never been as much money held offshore as there is today. This hidden wealth accounts for at least $7.6 trillion, equivalent to 8% of the global financial assets of households. Fighting the notion that any attempts to vanquish tax havens are futile, since some countries will always offer more advantageous tax rates than others, as well the counter-argument that since the financial crisis tax havens have disappeared, Zucman shows how both sides are actually very wrong. In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the enormity of the secret wealth can we begin to estimate the kind of actions that would force tax havens to give up their practices. Zucman’s work has quickly become the gold standard for quantifying the amount of the world’s assets held in havens. In this concise book, he lays out in approachable language how the international banking system works and the dangerous extent to which the large-scale evasion of taxes is undermining the global market as a whole. If we are to find a way to solve the problem of increasing inequality, The Hidden Wealth of Nations is essential reading.

The Hidden Wealth of Nations

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Release : 2013-04-25
Genre : Political Science
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Book Rating : 277/5 ( reviews)

The Hidden Wealth of Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Hidden Wealth of Nations write by David Halpern. This book was released on 2013-04-25. The Hidden Wealth of Nations available in PDF, EPUB and Kindle. Richer nations are happier, yet economic growth doesn't increase happiness. This paradox is explained by the Hidden Wealth of Nations - the extent to which citizens get along with other independently drives both economic growth and well-being. Much of this hidden wealth is expressed in everyday ways, such as our common values, the way we look after our children and elderly, or whether we trust and help strangers. It is a hidden dimension of inequality, and helps to explain why governments have found it so hard to reduce gaps in society. There are also deep cracks in this hidden wealth, in the form of our rising fears of crime, immigration and terror. Using a rich variety of international comparisons and new analysis, the book explores what is happening in contemporary societies from value change to the changing role of governments, and offers suggestions about what policymakers and citizens can do about it.

The Public Wealth of Nations

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Release : 2016-02-05
Genre : Social Science
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Book Rating : 86X/5 ( reviews)

The Public Wealth of Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Public Wealth of Nations write by Dag Detter. This book was released on 2016-02-05. The Public Wealth of Nations available in PDF, EPUB and Kindle. We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.

The Hidden Wealth of Nations

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Release : 2016-07-22
Genre : Business & Economics
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Book Rating : 64X/5 ( reviews)

The Hidden Wealth of Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Hidden Wealth of Nations write by Gabriel Zucman. This book was released on 2016-07-22. The Hidden Wealth of Nations available in PDF, EPUB and Kindle. Everyone knows the super rich are hiding tons of money and not paying near enough taxes. This common knowledge that the wealthy have found ways around taxation by moving their assets to countries that don t tax them raises the question of how much of the world s wealth is hidden and how. Gabriel Zucman, a prominent young French economist, has come up with novel yet effective ways of quantifying how big the problem is, how tax havens work and are organized, and how we can begin to tackle the problem. Digging deep into the global data and comparing it with that of individual and international institutions, "The Hidden Wealth of Nations" offers for the first time a full picture of how this sophisticated international system works and is organized in practice. It is an invaluable glimpse at one of the most powerful forces contributing to inequality across the globe."

The Real Wealth of Nations

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Release : 2008-11-10
Genre : Business & Economics
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Book Rating : 142/5 ( reviews)

The Real Wealth of Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Real Wealth of Nations write by Riane Eisler. This book was released on 2008-11-10. The Real Wealth of Nations available in PDF, EPUB and Kindle. Bestselling author Riane Eisler (The Chalice and the Blade, which has sold more than 500,000 copies sold) shows that at the root of all of society's big problems is the fact that we don't value what matters. She then presents a radical reformulation of economics priorities focused on the home.