The number of higher education institutions in Ghana has soared in the last three decades and university enrolments have shot up in tandem. Yet the number of Ghanaians living in poverty is higher than ever before, and social inequality is on the rise. Against this backdrop, this paper critically...

This paper provides a formal dynamic analysis of exploitation, class inequalities and profits. A stylised model of a capitalist economy with two classes - workers and capitalists - is considered which extends Roemer [21, 22]. First, a dynamic generalisation of a key Marxian insight is provided...

What is the nature of the distributional effects of trade? This paper demonstrates conceptually and empirically the importance of “trade-induced horizontal inequality,” i.e. inequality brought about by trade shocks that occurs among workers with the same level of earnings prior to the shock....