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What's luck got to do with it? : how smarter government can rescue the American dream

Title
What's luck got to do with it? : how smarter government can rescue the American dream / Edward D. Kleinbard.
ISBN
9780190943578
0190943572
9780190943592
Publication
New York, NY : Oxford University Press, [2021]
Physical Description
xvi, 304 pages : illustrations ; 25 cm
Summary
"This book asks you to think a bit more deeply about bad luck. Like gravity, brute luck is a universal force that cannot by itself be turned off. We like to think that we control our destinies through the decisions we make, but in fact our careers and our happiness are shaped to a large extent by the consequences of luck, favorable or unfavorable, that are not only out of our control, but often are unobserved by us. Many successful people expend enormous energy denying this fact, but a franker acknowledgement of the importance of luck as a driver of people's outcomes leads to all sorts of salutary policy responses. In particular, the accidents of where, when and to whom you are born casts a long shadow over your ability to develop fully your native skills and interests in order to lead a productive and fulfilling life. None of us has the luxury of choosing our parents, but all of us are affected throughout our lifetimes by the circumstances of our birth more than we might like to admit"-- Provided by publisher.
Other formats
Online version: Kleinbard, Edward D. What's luck got to do with it? New York, NY : Oxford University Press, [2021]
Format
Books
Language
English
Added to Catalog
May 03, 2021
Bibliography
Includes bibliographical references and index.
Contents
Introduction: Bad luck changes everything
Buffeted by the winds of fortune
The denial of luck
Born on third base : or out on the street?
It's better to be lucky than smart
Education is the engine of opportunity
Insurance as product
Insurance as metaphor
The social mortgage
From insurance theory to political reality
Healthcare and medicare for all.
Citation

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