Income equalization does not confer net social benefits
Lingenfelter, Jonathan Block, Walter E. Engelhardt, Lucas M.
egalitaryzm nierówności majątkowe wyrównanie dochodów
Od 2013 pt.: Ekonomia - Wroclaw Economic Review
In the modern era, there is much wailing and gnashing of teeth about income and wealth disparities. The premise upon which these complaints are based is that egalitarianism is an unambiguous good, and that any and all steps would be taken to reduce gaps between the wealthy and the poor. The present paper is an attempt to right this imbalance; it makes the case that income and wealth differences should be neutral with regard to public policy: they should not be artificially increased or reduced. This view is defended on both economic and ethical grounds. On the economic side, the impossibility of interpersonal utility comparisons, the existence of loss aversion, questions about productivity responses to redistribution, and the undeniable reality of bureaucratic costs all call into question the wisdom of income redistribution. On the ethical side, a rights-based approach calls into question the egalitarian basis for income redistribution policies. In the end, income equality (or inequality) falls outside the realm of valid policy concerns
Wydawnictwo Uniwersytetu Wrocławskiego
oai:repozytorium.uni.wroc.pl:94347 ISSN 2084-4093
Acta Universitatis Wratislaviensis, ISSN 0239-6661 ; no 3745. Ekonomia, ISSN 2084-4093 ; 22/4, s. 9-23
Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.
Biblioteka Wydziału Prawa, Administracji i Ekonomii
Mar 10, 2023
Feb 19, 2019
|Income equalization does not confer net social benefits||Mar 10, 2023|
Machaj, Mateusz. Red. Dybał, Mariusz. Red.
Miemiec, Wiesława. Red. Uniwersytet Wrocławski. Katedra Prawa Finansowego