Screen LibraryHow much inequality is fair? : mathematical principals of a moral, optimal, and stable capitalist society /
"Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guida...
Saved in:
| Main Authors: | |
|---|---|
| Published: |
Columbia University Press,
|
| Publisher Address: | New York : |
| Publication Dates: | [2017] |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
"Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is--and for this, we need a quantitative, testable theory o |
| Carrier Form: | xxi, 281 pages : illustrations, forms ; 24 cm |
| Bibliography: | Includes bibliographical references (pages [251]-265) and index. |
| ISBN: |
9780231180726 (hardback : alkaline paper) : 0231180721 (hardback : alkaline paper) |
| Index Number: | HB523 |
| CLC: | F014.4-32 |
| Call Number: | F014.4-32/V461 |
| Contents: | Extreme inequality in income and wealth -- Foundational principles of a fair capitalist society -- Distributive justice in a hybrid utopia -- Statistical thermodynamics and equilibrium and distribution -- Fairness in income distribution -- Global trends in income inequality : theory versus reality -- What is fair pay for executives? -- Final synthesis and future directions. |