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comprehensive global data analysis with social policy theory development. The theory of global ideal-typical welfare regimes, also … known as the “Ten Worlds of Welfare Regime Theory”, as set forth earlier by Christian Aspalter, is now in this book tested … Worlds Theory. All in all, about 150 countries are included in this test, measuring numerous variables on two main dimensions …
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This Article examines property law’s effect on economic inequality, particularly centered on Thomas Piketty’s findings in Capital in the Twenty-First Century. Piketty finds that when the rate of return on capital is greater than economic growth, capital concentrates among the wealthy,...
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In this paper, we consider whether or not inequality forces society to expend more resources on supervision which imposes an extra cost to doing business. Some argue that since inequality deteriorates social capital, there is a greater need for supervisory labor which is a costly burden to bear....
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-disciplining effect of unemployment) and the contemporary theory of incomplete contracts (the role of monitoring and enforcement rents …
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