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The Tullock-Bastiat Hypothesis, Inequality-Transfer Curve and the Natural Distribution of Income

โœ Scribed by Richard Vedder, Lowell Gallaway and David Sollars


Book ID
125281236
Publisher
Springer US
Year
1988
Tongue
English
Weight
1019 KB
Volume
56
Category
Article
ISSN
0048-5829

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๐Ÿ“œ SIMILAR VOLUMES


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Conventional wisdom has long held that public policy has worked to reduce income inequality in contemporary America, or that, at least, it has the real capability of achieving that goal (Thurow, 1971). For example, the evidence is strong that there was a pronounced decline in measured inequality dur

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In an earlier article we, with David Sollars, examined the Tullock-Bastiat hypothesis that there is a 'natural' distribution of income, one which may be altered by governmental policy only to a very limited extent (Vedder, Gallaway and Sollars, 1988). In this essay we will explore some further impli

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