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Nov 20, 2019 · The authors find that people put up with high levels of inequality for two reasons: first, people generally care deeply about where they stand in terms of earnings within a group – for example ...
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Mar 27, 2018 · The two sums are the same, £350 billion. Correct: just eight people own as much wealth as half of the world’s population. That is just one of many eye-watering measures of inequality. Consider ...
Aug 19, 2015 · First, we need to break away from competitive marginal productivity theories of factor returns and model mechanisms which generate rents with consequences for wealth inequality. This will entail a greater focus on the ‘rules of the game.’ (Stiglitz et al 2015). Second, we need to focus on the interaction between income from physical and ...
Apr 7, 2017 · Abstract. There is immense concern about economic inequality, both among the scholarly community and in the general public, and many insist that equality is an important social goal. However, when ...
- Christina Starmans, Mark Sheskin, Paul Bloom
- 2017
It’s important to remember that, as we figure out ways to combat inequality, that there are three separate (but related) ideas. First, the idea that people should have equal opportunity in ...
Some studies show that high inequality [encourages] poor people to choose very high tax rates on the rich, which reduces investments and growth rates. That’s one [reason we should care.] Another thing we see very much nowadays is that the social stability and the social fabric of a society are torn apart if there are very large income ...
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Nov 8, 2022 · The contributions enhance the understanding of why wealth inequality remains largely unchallenged by the public in the following ways: (a) through shedding light on the perceptions of different groups and asking how they perceive wealth inequality and the wealthy; (b) by asking why the non-wealthy seldom oppose wealth inequality; and (c) by reconstructing how political and economic elites ...
