IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/86709.html
   My bibliography  Save this paper

Inequality and Instability

Author

Listed:
  • Bain, George Sayers

Abstract

Inequality of wealth and income is currently a hotly debated subject not only in the academy but also in society more generally. The protagonists disagree about how inequality should be meeasured. But however they measure it - whether by Gini coefficients, the share of the total distribution earned by a particular group (e.g., the top one per cent), or other ways - they generally agree that inequality has greatly increased in a wode range of countries since the mid-1970s. Agreement does not exist, however, about what causes inequality, what problems result from it, and what might be done to solve them. This paper attempts to answer these questions by reviewing and assessing a diverse literature drawn from economic theory, political science, sociology,philosophy, and economic and financial history.

Suggested Citation

  • Bain, George Sayers, 2018. "Inequality and Instability," MPRA Paper 86709, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:86709
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/86709/1/MPRA_paper_86709.pdf
    File Function: original version
    Download Restriction: no

    More about this item

    Keywords

    inequality; equality; economic and social instability; rent-seeking; capitalism; fairness; social mobility;

    JEL classification:

    • P10 - Economic Systems - - Capitalist Systems - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:pra:mprapa:86709. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.