Purpose Four novel trends: water scarcity, income inequality, labor shortage and gentrification, are receiving ever greater attention because of the devastating effects they having on the well-being of humanity. The purpose of this paper is to briefly describe each trend, discuss its effect on...

"US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or...

Purpose This study aims to analyse the impact of digital divide (DD) on income inequality in sub-Saharan Africa over the period 2004–2016. Design/methodology/approach In applying a finite mixture model (FMM) to a sample of 35 sub-Saharan African (SSA) countries, this study posits that DD...

Cover -- Contents -- Foreword -- Acknowledgements -- Introduction -- 1 The Definition of National Income -- Part I: Income as a flow of expenditures -- 1. Stocks and flows -- 2. Keynes's revolution announced -- 3. The controversy on saving and investment -- 4. I = S: a tautology? -- 5. The...

Income Distribution was written primarily as a textbook intended for undergraduate economics majors. The material, however, is treated with sufficient rigor to meet the needs of first year graduate students also. The book may also serve the needs of sociologists and political scientists whoare...

When Governor Terry Sanford established the North Carolina Fund in 1963, he saw it as a way to provide a better life for the "tens of thousands whose family income is so low that daily subsistence is always in doubt." Illustrated with evocative photographs by Billy Barnes, To Right These Wrongs...

Cover -- The New Economics of Inequality and Redistribution -- Series Editor -- Title -- Copyright -- Dedication -- Contents -- Illustrations -- Figures -- Table -- Preface -- 1: The new economics of inequality and redistribution -- Inequality, institutions, and economic performance -- Market...