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Americans generally prefer freedom to coercion, high incomes to low ones, and individual decision-making to collective resolution of issues. For these reasons, they generally do not like laws that constrain their labor market behavior and force them to join collectives of other workers to...
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This paper examines the dynamic relationship between economic freedom and income inequality in the 50 U.S. states over the 1979-2004 period. Using fixed effects regression analysis, we find evidence that increases in economic freedom are associated with lower income inequality, but the dynamic...
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The UK government - in common with the governments of many Western countries - is in the midst of implementing policies to reform education. However, the government has, as a matter of principle, decided that profit-making schools cannot provide state-funded education even if they would lead to...
Persistent link: https://www.econbiz.de/10013090602
Public policy designed to promote greater college enrollment rates has often been justified as a means to reduce income inequalities, yet there is very little evidence that higher college attainment is associated with less inequality. Economic theory at best suggests that the relationship...
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