Why We All Care About Inequality (But Some of Us Are Loathe to Admit It)
Many economists dismiss the relevance of inequality (if everybody's income goes up, who cares if inequality is up too?), and argue that only poverty alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with poverty solely and not with inequality is internally inconsistent.
Volume (Year): 50 (2007)
Issue (Month): 6 (November)
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