European Parliament Library

Economic growth and inequality, the economist's dilemma, Laurent Dobuzinskis

Label
Economic growth and inequality, the economist's dilemma, Laurent Dobuzinskis
Language
eng
Index
no index present
Literary Form
non fiction
Main title
Economic growth and inequality
Nature of contents
dictionaries
Responsibility statement
Laurent Dobuzinskis
Series statement
Routledge Frontiers of Political Economy
Sub title
the economist's dilemma
Summary
"In an era of increasing inequalities, and also of deep anxieties about the consequences of two major economic crises, economists are faced with a major question: can economic growth be achieved without inequalities? Economic Growth and Inequality critically evaluates the economic literature on this question from a pragmatic perspective, seeking to reconcile those who regard economic liberties as a paramount value, and critics who object that prioritizing these liberties leads to inequitable outcomes. The book presents an overview of the models used by economists to define and measure inequalities and the ongoing dialogues between political philosophers and economists in an effort to find solutions to the problems. It explores Rawlsian justice, Sen's capability theory, and the theory of rent and compares and contrasts the most often discussed institutions and policies designed for remedying poverty and reducing inequalities. This book marks a significant contribution to the literature on some of the most pressing problems of our time and will be of great interest to readers of political economy, public policy, moral philosophy, and history of economic and political thought"--, Provided by publisher
Table Of Contents
Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Table of Contents -- Preface -- Acknowledgments -- 1 Introduction -- Notes -- 2 Equality of Welfare: Theoretical Foundations -- Introduction -- The Birth of Welfare Economics -- The "Ordinalist Revolution" -- Pareto Optimality and Social Ordering -- Has the Ordinalist Revolution Run Its Course? -- Beyond the Efficiency-Equity Trade-Off? -- (Economists In) the Pursuit of Happiness -- Conclusion -- Notes -- 3 Equality of Welfare: Empirical Perspectives -- Measuring Inequalities: Methodological Overview -- Trends in the Distribution of Income and Wealth -- Piketty's Statistical Tour De Force -- Critical Assessments of Piketty's Analysis -- Inequalities in a Globalized World -- More Qualitative Dimensions of Welfare -- Conclusion -- Notes -- 4 Equality of Opportunity I: Classical Liberal Perspectives -- Ownership and Freedom -- Property Rights: Origins and Justifications -- The Natural Position On the Assignment of Property Rights -- Evolutionary Approaches -- Counterarguments and Refutations -- Proudhon -- Marx -- Are Property Rights Dispensable? -- The Use/Abuse of Property Rights -- Economic Liberty and Economic Development -- The Simpler Claim -- A Not-So-Simple Case -- Conclusion: Responsible Liberty -- Notes -- 5 Equality of Opportunity II: Egalitarian Perspectives -- Ideal Theories -- Rawls -- Dworkin -- Luck Egalitarianism -- Nonideal Approaches -- What's So Good About Egalitarianism? -- Conclusion -- Notes -- 6 Growth and (In)equality II: What to Do About Inequality? -- Sociopolitical Reforms: Variations On the Theme of Empowerment -- Education -- Minimum Wage -- "Predistribution": Asset-Based Approaches -- Land Ownership -- Codetermination -- Trade vs. Aid -- Reinventing the Welfare State: More Efficient Income Support and Fairer Taxation -- Tax ReformA Basic Income Guarantee -- Conclusion -- Notes -- Works Cited -- Index
Classification
Content

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