Inequity plays a fundamental role in the evaluation of social welfare in many dimensions.We revisit the concept of inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations (intergenerational equity), using a common framework generalizing the...

In a global context, per-capita income disparities between countries persistently widen, while internal income inequality in most nations continues to increase. Nobel Laureate Joseph Stiglitz argues that such inequality is a result of deliberate political decisions. However, inequality...

Although older generations have substantially more wealth than their recent predecessors did at the same age, younger generations do not. Bringing together UK data on those born between the 1930s and 1980s and a lifecycle model of saving, I quantify whether this is due to changes in preferences...

Chapter 1. Introduction -- Part I. Challenge One: No Consensus on What Constitutes Morally Tolerable Economic Inequality -- Chapter 2. Some Preliminary Considerations on Distributive Justice -- Chapter 3. Tolerable Inequality According to Radical Egalitarians -- Chapter 4. Tolerable Inequality...