The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence.Our reading of the literature suggests that formal...

"One of the world's leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and...

While standard political economy theories suggest a moderating effect of democratization on income inequality, empirical literature has failed to uncover any such robust relationship. Here we take yet another look at this issue arguing first, that prevailing ideology may be an important...

1760000000000 US-Dollar. In Worten: einskommasiebensechs Billionen. Auf diese Summe schätzte Oxfam kürzlich das Vermögen der 62 wohlhabendsten Menschen der Welt. Ein paar Dutzend Milliardäre verfügen über so viel Geld wie die ärmere Hälfte der Weltbevölkerung - oder wie 3.600.000.000...