Child labor is often condemned as a form of exploitation. I explore how the notion of exploitation, as used in everyday … language, can be made precise in economic models of child labor. Exploitation is defined relative to a specific social welfare … distinctions that common usage of the term exploitation allows. I resolve this conflict by introducing a welfare function with …

ethnic groups, group sizes, income inequality, and expropriable resources. …

One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …

or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …

We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout …

strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …