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the classical Mediterranean, in relation to the role of ‘capital’ and the prevalence of inequality? How was wealth, both …Chapter 1. Introduction: Capital and Classical Antiquity (Max Koedijk and Neville Morley) -- Chapter 2. Problems in the … Long-Term Accumulation of Commercial and Financial Capital in Ancient Greece (Michael Leese) -- Chapter 3. Inequality in …
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' love of wealth an optimum exists and implies higher long-run per capita capital, income and consumption relative to the …This paper complements research on how love of wealth bears on key variables in a Ramsey-Cass-Koopmans growth framework …. It is shown that for an optimum the social planner cannot have an excessive love of wealth. If the planner has the 'right …
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Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. - The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent...
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