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The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
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A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
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operationalising normative social choice theory. Normative social choice theory is an appropriate approach as it explicitly … relationships are analysed in this book by operationalising normative social choice theory. Normative social choice theory is an …
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