division of labour. First, I find out the origin of his analysis in the debates of civic humanism on the corruption of people …’s character in commercial societies. Then I show that Smith presents a specific and broader concept of corruption based on his own … ethical theory. To be more precise, the corruption of workers must be seen as a loss of the four cardinal virtues [prudence …

hypotheses about three basic social norms of governance: the rule of law, corruption, and accountability. These norms correlate … systematically and strongly with national scores on cultural dimensions and also differ across cultural regions of the world …. Regressions indicate that quantitative measures of national culture are alone remarkably predictive of governance, that economic …

The relationship between inequality and the process of economic development is still controversial. In this paper …, besides a short overview of the economic literature, we present selected models used to verify the relationship between growth … and inequality. We also make a brief analysis of income inequality and poverty in Romania. …

dualistic socio-political structure. (4) Spread of education leads to greater income equality. (5) Rate of growth does not …Empirical study, using regression analysis of the combined cross-section and time series data for 83 countries. The … following hypotheses are tested: (1) The Kuznets Curve does not exist. That is, the level of per capita income has no effect on …

This paper considers the phenomenon of income mobility during the process of economic transition in Russia. The study … is based on the Russian Longitudinal Monitoring Survey (RLMS) data. The process of economic transition has generated … sharp changes in the distribution of income among Russian households. Simultaneously with the emergence of the Russian …

equality is ...only the equality of the right to income and not the equality of income. It recognizes no class differences … that 'crude communism' called for equality of wages only because it was an expression of 'envy and the desire to reduce … view of Marxian theory. The original Marxian view on distributive justice is very far from crude egalitarianism. Marx and …

taxation. Composed in the 1510s or 1520s, it is set in late fifteenth-century Florence, after the expulsion of Piero de’ Medici …: in two discorsi, first in favore, and then in contrario, Guicciardini through the mouth of two unnamed Florentine … speakers develops the arguments pro and contra the proposed progressive tax. After an overview of its initial reception in the …

This paper presents a tractable dynamic general equilibrium model of income and firm-size distributions. The size and … value of firms result from idiosyncratic, firm-level productivity shocks. CEOs can invest in their own firms’ risky stocks … analytically show that this model generates the Pareto distribution of top income earners and Zipf’s law of firms in the steady …