Edward Kleinbard brilliantly analyzes how luck, good and bad, affect our economic circumstances. He notes that society accepts growing inequality because we too often discount the role of good luck in a person's economic success. Kleinbard applies social insurance principles in developing sweeping policy responses to correct for bad luck. He matches an original assessment of our economic challenges with proven solutions to economic inequality.
Edward D. Kleinbard sadly succumbed to cancer shortly after submitting the final manuscript for this book. Until his passing, he was the Robert C. Packard Trustee Chair in Law at the USC's Gould School of Law, and a Fellow at The Century Foundation. Prior to those appointments, Professor Kleinbard served as Chief of Staff of the U.S. Congress's Joint Committee on Taxation, the non-partisan tax resource to Congress, and for more than thirty years in
private practice as a renowned international tax expert.