estates has lagged in articulating a comprehensive theory on inequality. Consequently, income inequality is compounded … intergenerationally as wealth inequality, with dire consequences for economic productivity and social stability. To move the discourse on … wealth inequality, this Article explores the divergent approaches toward inequality in business law and trusts and estates …

noncontractible input (e.g., effort) when potential operators are privately informed about their limited wealth. Truthful revelation … of wealth is induced by promising a higher probability of operation and, if necessary, a greater share of realized profit … the larger the nonrefundable bond that a potential operator posts. The project owner benefits when total wealth is widely …