Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure financial liberalization (KAOPEN) has a positive...

We review the comparative literature on the impact of national-level educational institutions on inequality in student achievement. We focus on two types of institutions that characterize the educational system of a country: the system of school-type differentiation (between-school tracking) and...

Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...

Thomas Piketty's (2013) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...

This paper, a comment on an essay by Satz and White that appeared in the IFS Deaton Review (Sept. 2021), argues that redistribution of wealth for the purpose of advancing equality (rather than improving the worst off) can be provided an institutional defense against the "leveling down" charge...

"This volume offers insights into ongoing, global socio-economic transformations by directing attention to the significance of labour, work, craft, community, social institutions, social movements and, emergent subjectivities in different parts of the world. This is in contrast to theories that...