Income Inequality and the Taste for Revolution*

  title={Income Inequality and the Taste for Revolution*},
  author={Robert J. MacCulloch},
  journal={The Journal of Law and Economics},
  pages={93 - 123}
Although property rights are the cornerstone of market economies, throughout history existing claims have been frequently overturned by revolutions. One unsettled question is whether income inequality affects the likelihood of revolt. This paper takes an approach different from previous studies by introducing data derived from two surveys of revolutionary preferences across a quarter‐million randomly sampled individuals. More people are found to have a preference for revolt when inequality in… 

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The Impact of Corruption on Regime Legitimacy: A Comparative Study of Four Latin American Countries

  • M. Seligson
  • Political Science, Economics
    The Journal of Politics
  • 2002
Economists have long warned about the pernicious impacts of corruption, arguing that it increases transaction costs, reduces investment incentives, and ultimately results in reduced economic growth.