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The purpose of this study is to establish the extent to which Borgatta's early fiscal sociology is consistent with, and different from, Vilfredo Pareto's critical views on fiscal theory. Particular emphasis is given to the treatment of the relationship between 'extra-economic' redistribution,...
Persistent link: https://www.econbiz.de/10005741900
In Pigou's Wealth and Welfare, as well as in each of the four editions of his The Economics of Welfare, one chapter is dedicated entirely to the critical assessment, and ultimate rejection, of 'Pareto's law' of income distribution. This note highlights Pigou's uncorrected misreading of a...
Persistent link: https://www.econbiz.de/10010683326