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Our forthcoming book, Welfare Theory, Public Action and Ethical Values challenges the belief that, until modern welfare economics introduced issues such as justice, freedom and equality, economists adopted what Amartya Sen called “welfarism.” This is the belief that the welfare of society...
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Optimal Marginal Tax rates may be used to lower the potential for wealth disparity and increase productivity at the …
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1. Introduction -- 2. Current state of understanding: What does economics say about the economic elite? -- 3. Wealth …’s vista. Trends in Wealth and the Rise of the Billionaire -- 4. The Rise of the Dual Economy – Wealth and Inequality -- 5 … of governmental and non-governmental interest in inequality (be it wealth or income), the most privileged and fortunate …
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