Has Consumption Inequality Mirrored Income Inequality?
In: NBER Working Paper No. w16807
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In: NBER Working Paper No. w16807
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Working paper
In: Journal of democracy, Band 22, Heft 3, S. 79-89
ISSN: 1086-3214
Abstract: This article explores the relationship between liberal democracy and socioeconomic equality, both on a theoretical and a practical level. It recounts both liberal and non-liberal arguments why democracies should or should not worry about de facto inequality, and then goes through a series of consequentialist arguments about why, alternatively, democracies should either worry about high persistent levels of inequality, or conversely, why attempts to remedy inequality through social policy is likely to have deleterious political or economic effects.
In: The economic journal: the journal of the Royal Economic Society, Band 112, Heft 478, S. C52-C59
ISSN: 1468-0297
In: Third world quarterly, Band 14, Heft 3, S. 397
ISSN: 0143-6597
Intro -- Cover -- Title -- Copyright -- Contents -- Chapter 1: A Long History of Inequality -- Chapter 2: Everyday Inequality -- Chapter 3: The Toxicity of Racial Inequality -- Chapter 4: Surviving and Thriving -- Chapter 5: Standing Up Against Inequality -- Glossary -- For More Information -- For Further Reading -- Index -- About the Author -- backcover.
In: FSU College of Law, Public Law Research Paper No. 789
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Working paper
Do people in different countries understand and frame the principle of meritocracy differently? This question is the starting point for this cross-national analysis of the moral repertoires of meritocracy in four countries: Germany, Norway, Slovenia and the United Kingdom. The authors pursue a mixed methods approach, using data from the European Social Survey 2016 and qualitative data from group discussions. In these discussions, citizens openly talked about issues like inequality and social policy, which allows us to study their understandings and framings of meritocracy. The authors show that the issue of unequal rewards does not only find different levels of support, but also that people – corresponding to the context they live in – have different understandings of which merits should count. The authors identify a 'market success meritocracy' in the UK, a work-centred understanding in Germany, a 'common good meritocracy' in Norway, and non-salience of this issue in Slovenia. ; Peer Reviewed
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In: Fiscal monitor October 2017
In: World economic and financial surveys
At the global level, inequality has declined substantially over the past three decades, but within national boundaries, the picture is mixed: some countries have experienced a reduction in inequality while others, particularly advanced economies, have seen a significant increase that has, among other things, contributed to growing public backlash against globalization. Excessive levels of inequality can erode social cohesion, lead to political polarization, and ultimately lower economic growth, but whether inequality is excessive depends on country-specific factors, including the growth context in which inequality arises, along with societal preferences. This Fiscal Monitor focuses on how fiscal policy can help governments address high levels of inequality while minimizing potential trade-offs between efficiency and equity. It documents recent trends in income inequality, including inequality both between and within countries, then examines the redistributive role of fiscal policies over recent decades and underscores the importance of appropriate design to minimize any efficiency costs. It then focuses on some key components of fiscal redistribution: progressivity of income taxation, universal basic income, and public spending policies for achieving more equitable education and health outcomes. The analysis relies on the existing theoretical and empirical literature, IMF work on inequality and fiscal policy, country experiences, and new analytical work, including various static microsimulation analyses based on household survey data. Simulations using a dynamic general equilibrium model calibrated to country-specific data and behavioral parameters illustrate the potential impact of alternative budget-neutral tax and transfer measures on income inequality and economic growth
Economic inequality is one of the most divisive issues of our time. Yet few would argue that inequality is a greater evil than poverty. The poor suffer because they don't have enough, not because others have more, and some have far too much. So why do many people appear to be more distressed by the rich than by the poor? This provocative book presents a compelling and unsettling response to those who believe that the goal of social justice should be economic equality or less inequality. Harry Frankfurt argues that we are morally obligated to eliminate poverty--not achieve equality or reduce inequality. Our focus should be on making sure everyone has a sufficient amount to live a decent life. To focus instead on inequality is distracting and alienating. At the same time, Frankfurt argues that the conjunction of vast wealth and poverty is offensive. If we dedicate ourselves to making sure everyone has enough, we may reduce inequality as a side effect. But it's essential to see that the ultimate goal of justice is to end poverty, not inequality.
In: Frontiers in Research Metrics and Analytics 2022, DOI 10.3389/;frma.2022.980677
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Economic inequality is one of the most divisive issues of our time. Yet few would argue that inequality is a greater evil than poverty. The poor suffer because they don’t have enough, not because others have more, and some have far too much. So why do many people appear to be more distressed by the rich than by the poor?In this provocative book, the #1 New York Times bestselling author of On Bullshit presents a compelling and unsettling response to those who believe that the goal of social justice should be economic equality or less inequality. Harry Frankfurt, one of the most influential moral philosophers in the world, argues that we are morally obligated to eliminate poverty—not achieve equality or reduce inequality. Our focus should be on making sure everyone has a sufficient amount to live a decent life. To focus instead on inequality is distracting and alienating. At the same time, Frankfurt argues that the conjunction of vast wealth and poverty is offensive. If we dedicate ourselves to making sure everyone has enough, we may reduce inequality as a side effect. But it’s essential to see that the ultimate goal of justice is to end poverty, not inequality.A serious challenge to cherished beliefs on both the political left and right, On Inequality promises to have a profound impact on one of the great debates of our time
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In: Critical Perspectives on Accounting, doi. 10.1016/j.cpa.2018.04.001
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ABSTRACT Cross-national studies on happiness have focused on differences in level of happiness. The focus of this paper is on spread in happiness in the nation, also called 'inequality in happiness'. Inequality in happiness in nations can be measured by the size of the standard deviation of responses to survey questions about the 'overall appreciation of one's life-as-a-whole'. This paper considers spread in happiness in 28 countries around 1980. Contrary to notions of a 'divided' society none of these countries shows a bi-modal distribution of happiness. All distribution are uni-modal, but the distributions are not equally flat. There are considerable differences in size of the standard deviations. These differences are not a statistical artifact of variation in level of happiness and appear quite constant through time. Inequality in happiness appears to be greater in the socio-economically most unequal countries and smaller in politically democratic and economically developed nations. Contrary to expectation, inequality in happiness appears to be more closely linked to social equality among rich natio
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In: Pacific affairs, Band 78, Heft 1, S. 174-176
ISSN: 0030-851X
Watts reviews INEQUALITY IN AUSTRALIA by Alastair Greig, Frank Lewins, and Kevin White.