Why we all do care about inequality (but are loath to admit it)

This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with poverty solely and not with inequality is internally inconsistent.

MoreLess

Year of publication:	2004-04-13
Authors:	Milanovic, Branko
Institutions:	EconWPA
Subject:	Poverty \| inequality

More details

Extent:	application/pdf
Series:	HEW.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 10 10 pages
Classification:	D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D64 - Altruism ; D30 - Distribution. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005561548