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Overview
"The distribution of Wealth is the first book to provide a comprehensive treatment of the personal distribution of wealth. Michael Schneider uses data from fifteen countries to demonstrate how inequality in the distribution of wealth both varies between different parts of the world and changes over time, before going on to discuss why the distribution of wealth is unequal, whether it should be unequal, and how it could be changed." This book will be valued and read with interest by economists, particularly those in the fields of welfare economics, distribution theory, heterodox economics and the history of economics thought, as well as sociologists, political scientists and philosophers.Synopsis
Schneider (economics, La Trobe U., Australia) uses data from 15 countries to study patterns of personal wealth distribution in different parts of the world and over time. He explains the determinants and measurements of distribution, before discussing the means by which distribution could be changed and the implications of making it less unequal. Concluding that the excess of inequality in wealth distribution over inequality in income distribution results primarily from the distribution of inherited wealth, he articulates the dilemma this situation poses for a democracy. Annotation ©2004 Book News, Inc., Portland, OR
Book Details
Published
September 1, 2004
Publisher
Elgar, Edward Publishing, Inc.
Pages
168
Format
Hardcover
ISBN
9781840648140