that redistribution is a function of the variance and skewness of the pre-tax income distribution, the volatility of income … these factors appear to explain the differences between the US and Europe. Instead, the differences appear to be the result … of racial heterogeneity in the US and American political institutions. Racial animosity in the US makes redistribution to …

that redistribution is a function of the variance and skewness of the pre-tax income distribution, the volatility of income … these factors appear to explain the differences between the US and Europe. Instead, the differences appear to be the result … of racial heterogeneity in the US and American political institutions. Racial animosity in the US makes redistribution to …

the U.S. and Europe. Another popular view is that these differences are explained by long-standing European "culture," but … the U.S. and Europe. These policies do not seem to have increased employment, but they may have had a more society …

the U.S. and Europe. Another popular view is that these differences are explained by long-standing European "culture," but … the U.S. and Europe. These policies do not seem to have increased employment, but they may have had a more society …