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
The Tullock-Bastiat Hypothesis, Inequality-Transfer Curve and the Natural Distribution of Income
โ 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
- DOI
- 10.2307/30024867
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
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
Jean-Jacques Rousseau wrote in the Preface to his famous Discourse on Inequality that โI consider the subject of the following discourse as one of the most interesting questions philosophy can propose, and unhappily for us, one of the most thorny that philosophers can have to solve. For how shall we