Haines, Walter W. - In: International Journal of Social Economics 28 (2001) 10/11/12, pp. 861-878
As Bill Gates’ estimated wealth has reached the unimaginable mark of $100 billion, and other billionaires are being created daily, the problem of inequality is becoming more and more visible. But, lulled into the commonly stated maxim that “a rising tide lifts all boats”, we may assume...