equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … factor in reducing educational inequality and thus income inequality. Public policies that improve social benefits and price … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality …

industrialization, as physical capital accumulation was a prime source of economic growth, inequality enhanced the process of … dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial … development. Moreover, in contrast to the Classical viewpoint, which underscored beneficial effects of inequality for the growth …