IDEAS home Printed from https://ideas.repec.org/a/sae/pubfin/v30y2002i6p509-530.html
   My bibliography  Save this article

The Case Against Income Redistribution

Author

Listed:
  • Edgar K. Browning

    (Texas A&M University)

Abstract

The case for income redistribution by government is frequently made in the economics literature, but the case against is rarely encountered. This article is an attempt to fill that gap by enumerating and explaining the major arguments against income redistribution. Seven arguments are discussed. The first three stress the normative virtues of the market order, and the last four focus on the adverse consequences of income redistribution by government.

Suggested Citation

  • Edgar K. Browning, 2002. "The Case Against Income Redistribution," Public Finance Review, , vol. 30(6), pages 509-530, November.
    • Handle: RePEc:sae:pubfin:v:30:y:2002:i:6:p:509-530
    DOI: 10.1177/109114202238000
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/109114202238000
    Download Restriction: no
    File URL: https://libkey.io/10.1177/109114202238000?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Edgar K. Browning, 1996. ""The Marginal Cost of Redistribution": Reply," Public Finance Review, , vol. 24(1), pages 63-74, January.
    2. Edgar K. Browning, 1993. "The Marginal Cost of Redistribution," Public Finance Review, , vol. 21(1), pages 3-32, January.
    3. Gordon, Scott, 1976. "The New Contractarians," Journal of Political Economy, University of Chicago Press, vol. 84(3), pages 573-590, June.
    4. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-926, Sept./Oct.
    5. Bev G. Dahley & Giuseppe C. Ruggeri, 1996. ""The Marginal Cost of Redistribution": Comment," Public Finance Review, , vol. 24(1), pages 44-62, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Großer, Jens & Reuben, Ernesto, 2013. "Redistribution and market efficiency: An experimental study," Journal of Public Economics, Elsevier, vol. 101(C), pages 39-52.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jonathan Gruber & Aaron Yelowitz, 1999. "Public Health Insurance and Private Savings," Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1249-1274, December.
    2. Robert Hartwig & Greg Niehaus & Joseph Qiu, 2020. "Insurance for economic losses caused by pandemics," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 45(2), pages 134-170, September.
    3. de Mendonça, Helder Ferreira & Tiberto, Bruno Pires, 2014. "Public debt and social security: Level of formality matters," Economic Modelling, Elsevier, vol. 42(C), pages 490-507.
    4. Francisco Eduardo Barreto de Oliveira, 2015. "Basic Issues in Reforming Social Security Systems," Discussion Papers 0071, Instituto de Pesquisa Econômica Aplicada - IPEA.
    5. Michael A. Clemens, 2017. "The Meaning Of Failed Replications: A Review And Proposal," Journal of Economic Surveys, Wiley Blackwell, vol. 31(1), pages 326-342, February.
    6. Dean A. Worcester, 1983. "Social Security: Overview And Options," Contemporary Economic Policy, Western Economic Association International, vol. 1(3), pages 1-8, April.
    7. Jacques Le Cacheux & Vincent Touzé, 2002. "Les modèles d'équilibre général calculable à générations imbriquées. Enjeux, méthodes et résultats," Revue de l'OFCE, Presses de Sciences-Po, vol. 80(1), pages 87-113.
    8. Pierre Villa, 2004. "Typologie et équivalence des systèmes de retraites," Working Papers 2004-09, CEPII research center.
    9. Maebayashi, Noritaka, 2018. "Is an unfunded social security system good or bad for growth? A theoretical analysis of social security systems financed by VAT," MPRA Paper 90881, University Library of Munich, Germany.
    10. Kevin Milligan, 2005. "Life‐cycle asset accumulation and allocation in Canada," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 38(3), pages 1057-1106, August.
    11. Zijun Wang & Andrew J. Rettenmaier, 2008. "Deficits, Explicit Debt, Implicit Debt, and Interest Rates: Some Empirical Evidence," Southern Economic Journal, John Wiley & Sons, vol. 75(1), pages 208-222, July.
    12. Sanchez-Romero, Miguel, 2006. "“Demand for Private Annuities and Social Security: Consequences to Individual Wealth”," Working Papers in Economic Theory 2006/07, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    13. Galiani, Sebastian & Gertler, Paul & Bando, Rosangela, 2016. "Non-contributory pensions," Labour Economics, Elsevier, vol. 38(C), pages 47-58.
    14. Horioka, Charles Yuji & Gahramanov, Emin & Hayat, Aziz & Tang, Xueli, 2021. "The impact of bequest motives on labor supply and retirement behavior in Japan: A theoretical and empirical analysis," Journal of the Japanese and International Economies, Elsevier, vol. 62(C).
    15. Artige, L. & Dedry, A. & Pestieau, P., 2014. "Social security and economic integration," Economics Letters, Elsevier, vol. 123(3), pages 318-322.
    16. repec:eee:labchp:v:1:y:1986:i:c:p:305-355 is not listed on IDEAS
    17. Pirmin Fessler & Martin Schürz, 2018. "Private Wealth Across European Countries: The Role of Income, Inheritance and the Welfare State," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 19(4), pages 521-549, October.
    18. Tsai, Yuping, 2015. "Social security income and the utilization of home care: Evidence from the social security notch," Journal of Health Economics, Elsevier, vol. 43(C), pages 45-55.
    19. Annette N. Brown & Drew B. Cameron & Benjamin D. K. Wood, 2014. "Quality evidence for policymaking: I'll believe it when I see the replication," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 6(3), pages 215-235, September.
    20. repec:pri:cepsud:95votruba is not listed on IDEAS
    21. van Groezen, B.J.A.M. & Meijdam, A.C. & Verbon, H.A.A., 2002. "Social Security Reform and Population Ageing in a Two-Sector Growth Model," Other publications TiSEM 5109f2fc-ba3b-421c-89ab-9, Tilburg University, School of Economics and Management.
    22. Conny Olovsson, 2014. "How Does a Pay-as-you-go System Affect Asset Returns and the Equity Premium?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(1), pages 131-149, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:30:y:2002:i:6:p:509-530. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.