Inequality in Prosperous Societies: Economic and Moral Aspects

  title={Inequality in Prosperous Societies: Economic and Moral Aspects},
  author={Yoram Kirsh},
  journal={Economic Growth eJournal},
  • Yoram Kirsh
  • Published 2019
  • Economics
  • Economic Growth eJournal
  • A free market economy is characterized by an unequal distribution of income, wealth, and opportunities, to the extent that a considerable part of the population does not enjoy the wellbeing which an affluent society can offer. Recent studies have shown that excessive inequality is bad not only for moral reasons but for economic reasons as well. According to the International Monetary Fund, excessive inequality can erode social cohesion, cause political polarization, and lower economic growth… CONTINUE READING


    Trends in Income Inequality and its Impact on Economic Growth
    • 475
    • PDF
    Income Inequality and Happiness: An Inverted U-Shaped Curve
    • 15
    • PDF
    The distribution of wealth
    • 580
    • PDF
    On the Measurement of Inequality
    • 2,607
    • PDF
    Inequality and Happiness
    • 191
    • PDF
    Prosperity and Depression
    • 368
    • PDF
    Unemployment and Job Creation in a Prosperous Economy
    • 1