This book is about the distribution of wealth among people, described by statisticians as the size distribution of wealth, and the way that this distribution has changed over time. It provides answers to a host of important questions including, why is the distribution of wealth important and how can it be measured? How unequal is this distribution in practice, and has the degree of inequality changed over time? What factors determine the level of inequality? What criteria can be used to rank alternative distributions of wealth and what instruments are available to a government that wishes to change the distribution? How is the distribution of wealth related to the aggregate amount of wealth? The answers have many dimensions, notably economic, statistical, ethical, political, sociological and legal.
Browse by title
Michael Schneider, Mike Pottenger and J. E. King
An Introduction to the Relationship between Inequality and Health
Andreas Bergh, Therese Nilsson and Daniel Waldenström
There is a clear trend in rich countries that despite rising incomes and living standards, the gap between rich and poor is widening. What does this mean for our health? Does increasing income inequality affect outcomes such as obesity, life expectancy and subjective well-being? Are rich and poor groups affected in the same ways? This book reviews the latest research on the relationship between inequality and health. It provides the reader with a pedagogical introduction to the tools and knowledge required to understand and assess the issue. Main conclusions from the literature are then summarized and discussed critically.
- Handbooks of Research Methods and Applications series
Edited by Luigino Bruni and Pier Luigi Porta
Offering a thorough assessment of the recent developments in the economic literature on happiness and quality of life, this Handbook astutely considers both methods of estimation and policy application. The expert contributors critically present in-depth research on a wide range of topics including culture and media, inequality, and the relational and emotional side of human life. Accessible and far-reaching, it will prove an invaluable resource for students and scholars of welfare and economics.
- Elgar Research Reviews in Economics
What are people buying when they give money away? Is pure altruism possible? Who benefits from grants to charities and subsidies to givers? Is religious giving different? Which fundraising approaches ‘wok’, and is more charity always better? Questions like these make philanthropy and fundraising among the most dynamic research areas in economics today. This research review guides students and scholars from the time when giving was seen as ‘irrational’, to the present when economics has fully embraced the complex and fascinating challenges of understanding why self-interested people can be so unselfish.
Introducing Equilibrium Concepts into a Contested Field
Friedrich L. Sell
With the increased interest in the role of inequality in modern economies, this timely and original book explores income distribution as an equilibrium phenomenon. Though globalization tends to destroy earlier equilibria within industrialized and developing countries, new equilibria are bound to emerge. The book aims at a better understanding of the forces that create these new equilibria in income distribution and examines the concept at three distinct levels: market equilibrium, bargaining equilibrium and political economy equilibrium. In particular, the author addresses the question of how the main factor markets of labour and capital are related to income distribution.
- Elgar Research Reviews in Social and Political Science
Alan Walker and Liam Foster
This research review presents the most important and influential articles and papers on ageing and later life of the past half century. The authors examine policy creation and implementation, practice and critical gerontology including both feminist and international perspectives. This is a critical assembly of work and will be of immense assistance to anyone looking to understand the consequences of our ageing population on society.
The Dynamics of Policy Innovation and Paradigmatic Change
Edited by Hideko Magara
In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices.
- Elgar Research Reviews in Economics
Robert A. Becker
Professor Becker has selected seminal papers covering topics including foundations of income inequality measurement, the social welfare view of inequality and directions for future research on economic inequality.
Society, Markets and Rules
This highly unique book takes a fundamental look at when and how a government can fail at its core responsibility of formulating rules. Government, representing society, relates to the economy by formulating the rules within which (market) players should operate. Although market and business failure are much discussed in the economics literature, government failure is often overlooked. This book addresses this gap, exploring in detail what constitutes government failure.
Thorstein Veblen was a multidisciplinary social scientist whose original insights continue to inspire debate. Rather than focusing on allocation, markets and scarcity, his perspective on economics was rather one of Darwinian evolution and perpetual development, unfolding conventions and interpersonal constraints. This interdisciplinary and comprehensive book determines that Veblen’s disparate theories of conspicuous consumption, imperial Germany, the giant corporation and the speculation-led cycle all add up to a consistent and coherent world-view.