inequality - beliefs about how economic inequality changes the crime rate or the quality of democratic institutions, for example …What matters for individuals' preferences for redistribution? In this paper we show that consequentialist beliefs about …,731 U.S. citizens, we show that a majority of respondents believe that inequality leads to a wide range of negative societal …

a two-party system in which the left-wing party has a larger preference for redistribution than the right-wing party … government has incentives to fi- nance redistribution via external debt to avoid distortionary income taxation. On the other hand …

institutions that can be durably sustained, showing in particular how skill-biased technical change may cause the welfare state to … excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … institutions also shape the course of technology; thus, a world-wide shift in the technology frontier results in different …