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inequality in disposable income and wealth. The key channel for disposable income is the savings redistribution channel, whereby … fluctuations in output and inflation, also tends to stabilize income and wealth inequality. …
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In this article I take up the relationship between economics and law in the hundred-year period preceding the establishing of economics as a separate discipline. Rather than providing a review of historical milestones, I concentrate on some observations that illustrate the relationship between...
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