Economic development should be conceived of as the degree to which an economy has implemented an efficient and just distribution of economic resources. The ubiquitous measure of GDP per capita reflects a utilitarian conception of justice, where individual utility is defined as personal income,...

The apparent ubiquity of progressive taxation in advanced democracies has animated research by political economists in the past decade, but little progress has been made in modeling political equilibria over tax policy when labor supply is elastic with respect to taxation. Here, we postulate an...

Frontmatter -- Contents -- Preface -- 1 Introduction -- 2 Circumstances, Types, and Autonomous Choice -- 3 Justifying the Proposal -- 4 A Formal Definition of Equality of Opportunity -- 5 Incentive Properties of the EOp Mechanism -- 6 Equality of Opportunity with Production -- 7 Equality of...

Frontmatter -- Preface -- Contents -- 1. Introduction -- 2. The Origin of Exploitation -- 3. Feudalism and Capitalism -- 4. Exploitation and Profits -- 5. The Morality of Exploitation -- 6. The Emergence of Class -- 7. Exploitation without a Labor Market -- 8. Historical Materialism -- 9....

Review text: Roemer's is a major contribution to Marxian economic theory. It presents an analysis that is at once classical and modern, answering both old questions and new ones. It is delightfully controversial and deeply innovative.There is no doubt that Roemer has produced an excellent book....