Introduction -- Legends of the fall -- Inequality -- Profit, progress, and the middle path -- Immigration -- Let the right ones in -- Islamic extremism -- Help your enemies defeat themselves -- Civil war -- A rough reconciliation -- Corruption -- The benefits of beginning at the bottom -- The...

Redistribution across individuals in a one-year-period framework is an empirically intensely studied question. However, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective, reducing the level of actual redistribution across...

Umverteilung durch Steuern und Abgaben ist kein probates Mittel zur Verringerung ökonomischer Ungleichheit, weil sie im globalen Rahmen regelmäßig unterlaufen wird. Als wesentlich wirkungsvoller hat sich eine nationale Arbeitsmarkt- und Bildungspolitik erwiesen. (2-3)

Redistribution across individuals in a one-year-period framework is an empirically intensely studied question. However, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective. In particular, public pensions, that smooth incomes over the...