This paper presents a simple conceptual framework intended for describing individuals' subjective evaluations of occupational wage inequality and their demand for redistribution. Most importantly, the framework explicitly allows for the distinction between individuals' perceptions and their...

According to the lsquo;median-voter' hypothesis, greater inequality in the market distribution of earnings or income tends to produce greater generosity in redistributive policy. We outline the steps in the causal chain specified by the hypothesis and attempt to assess these steps empirically....

Why study the economy? -- The evolving economy and economics -- Markets as economic institutions : supply and demand -- Governments and nonprofits as economic institutions -- The twin problems of unemployment and underemployment -- The kitchen table economy : keeping up with rising costs --...