Paying for Inequality: The Economic Cost of Social InjusticeAndrew Glyn, David Miliband Institute for Public Policy Research, 1994 - 248 pages Examines the relationship between equality and economic efficiency in a number of policy areas. Highlights cases where redistribution of resources would lead to greater economic efficiency. Includes some economic trends in the UK from 1970 to 1992. |
Contents
0 | 2 |
Possible outcomes after a redistribution | 12 |
Richard Wilkinson | 24 |
1 | 27 |
Opportunity Equality and Efficiency | 44 |
Inequality and Inefficiency | 65 |
Crime Inequality and Efficiency | 80 |
High Pay Low Pay and Labour Market Efficiency | 100 |
Unemployment Inequality and Inefficiency | 114 |
Taxes and Benefits Equality and Efficiency | 160 |
Symbols and Illusions | 181 |
2 | 186 |
3 | 192 |
The Macroeconomics of Equality Stability and Growth | 205 |
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Common terms and phrases
amongst appear argument associated average become benefits Britain British capital cent changes chapter communities compared costs countries crime cuts death decline demand dependent differences distribution earnings economic effects efficiency employers equality evidence example expectancy extent fall female Figure force forms further greater groups growth higher households impact important improve inactivity incentives income income distribution increase individuals industry inefficiency inequality inheritance involved labour market least less levels living long-term lower major male means measures minority opportunities paid particular performance period population position poverty problems productivity proportion qualifications raised rates receiving recent redistribution reduced relationship relative result rise sector shows skills social security society Source standards studies suggests Survey Table taxation unemployed unemployment wage women workers youth