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The argument by Piketty and others that there is growing inequality and this is causing damage is not new. But regardless of who is running this argument, it is significantly flawed. The poor have definitely improved their situation, especially if taxes and income support are included, in many...
Persistent link: https://www.econbiz.de/10013030653
In the light of the recent literature on the intellectual history of inequality, this paper offers the first survey and a tentative classification of the Italian literature addressing issues related to social mobility, from late-19th century to the 'Economic Miracle' of the 1950s. During these...
Persistent link: https://www.econbiz.de/10013402069
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Most of the literature published under the nomenclature of ‘Islamic economics' deals with Islamic guidelines that address Muslims only. However, there is a vast area of economic subjects dealt in the Qur'an and (also hadith of the Prophet) that addresses the entire humanity in the form of...
Persistent link: https://www.econbiz.de/10012966976
This paper presents a model of secular stagnation, income and wealth distribution, and employment in the Classical Political Economy tradition, that can be contrasted with the accounts by Piketty (2014) and Gordon (2015). In these explanations, an exogenous reduction in the growth rate g...
Persistent link: https://www.econbiz.de/10013322002
Adam Smith, John Stuart Mill and Alfred Marshall shared a concern over excessive inequality of wealth and income, along with an attachment to individual choice, free markets and a minimal economic role of government. In this paper, I address the question of the size distribution of income, or...
Persistent link: https://www.econbiz.de/10013130143
This paper reviews Jacob Mincer's contributions to the analyses of earnings and the distribution of earnings through his pioneering focus on labor market experience or on-the-job training. It begins with a brief discussion of the theoretical literature on the distribution of earnings in the...
Persistent link: https://www.econbiz.de/10013319808
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Chapter 1. Introduction: Capital and Classical Antiquity (Max Koedijk and Neville Morley) -- Chapter 2. Problems in the Long-Term Accumulation of Commercial and Financial Capital in Ancient Greece (Michael Leese) -- Chapter 3. Inequality in the Peloponnesian War (Manu Dal Bo Manu Dal Borgo) --...
Persistent link: https://www.econbiz.de/10013327926
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