dunnettreader + inequality-opportunity   11

Jeffrey Edward Green - Rawls and the Forgotten Figure of the Most Advantaged: In Defense of Reasonable Envy toward the Superrich (2013) | American Political Science Review on JSTOR
This article aims to correct the widespread imbalance in contemporary liberal thought, which makes explicit appeal to the "least advantaged" without parallel attention to the "most advantaged" as a distinct group in need of regulatory attention. Rawls's influential theory of justice is perhaps the paradigmatic instance of this imbalance, but I show how a Rawlsian framework nonetheless provides three justifications for why implementers of liberal justice—above all, legislators—should regulate the economic prospects of a polity's richest citizens: as a heuristic device for ensuring that a system of inequalities not reach a level at which inequalities cease being mutually advantageous, as protection against excessive inequalities threatening civic liberty, and as redress for a liberal society's inability to fully realize fair equality of opportunity with regard to education and politics. Against the objection that such arguments amount to a defense of envy, insofar as they support policies that in certain instances impose economic costs on the most advantaged with negative or neutral economic impact on the rest of society, I attend to Rawls's often overlooked distinction between irrational and reasonable forms of envy, showing that any envy involved in the proposed regulation of the most advantaged falls within this latter category. - downloaded via iphone to dbox
politics-and-money  political_participation  inequality-wealth  regulatory_capture  political_philosophy  political_culture  tax_havens  Early_Republic  inequality  estate_tax  intellectual_history  inheritance  republicanism  Plato-Republic  elites-political_influence  Jefferson  Harrington  crony_capitalism  Europe-Early_Modern  fairness  article  Aristotle  social_capital  social_theory  Rawls  social_democracy  Machiavelli  Plato  inequality-opportunity  jstor  bibliography  ancient_Rome  regulation  justice  liberalism  egalitarian  regulatory_avoidance  interest_groups  legitimacy  deliberative_democracy  political_history  class_conflict  downloaded  education-elites  social_order  elites-self-destructive  Roman_Republic  ancient_Greece  republics-Ancient_v_Modern 
july 2017 by dunnettreader
Maximillian Kasy - Empirical Research on Economic Inequality -- AN OPEN ONLINE TEXTBOOK
AN OPEN ONLINE TEXTBOOK BY MAXIMILIAN KASY -- Welcome to
Empirical Research on Economic Inequality -- This textbook developed out of a class I taught at Harvard, and subsequently at IHS Wien and at the University of Zurich. The purpose of this textbook is twofold. First, to teach you about economic inequality, some of its causes, and how it is affected by policy. Second, to teach you econometric methods that have been used in the literature on economic inequality, so as to help you conduct your own research on these topics.
website  etexts  inequality  inequality-wealth  inequality-opportunity  inequality-global  econometrics  economic_sociology  justice  discrimination  distribution-income  distribution-wealth  gender  racism  1-percent  labor  unions  diversity 
july 2016 by dunnettreader
Branko Milanovic - Inequality: the structural aspects - February 2016
Despite the unprecedented attention that income and wealth inequality has received in this year’s presidential campaign in the United States and in several…
Instapaper  inequality-global  inequality-wealth  inequality-opportunity  inequality  political_economy  polarization  economic_growth  economic_history  labor_share  Latin_America  mobility  from instapaper
february 2016 by dunnettreader
Ravi Kanbur, Joseph Stiglitz - Wealth and income distribution: New theories needed for a new era | VOX, CEPR’s Policy Portal - 18 August 2015
Growth theories traditionally focus on the Kaldor-Kuznets stylised facts. Ravi Kanbur and Nobelist Joe Stiglitz argue that these no longer hold; new theory is needed. The new models need to drop competitive marginal productivity theories of factor returns in favour of rent-generating mechanism and wealth inequality by focusing on the ‘rules of the game.’ They also must model interactions among physical, financial, and human capital that influence the level and evolution of inequality. A third key component will be to capture mechanisms that transmit inequality from generation to generation. -- short and sweet summary of the various gaps in standard models and where both new explanatory and normative work needed -- also see references -- downloaded as pdf to Note
paper  economic_growth  economic_theory  economic_models  capital  productivity-labor_share  production  macroeconomics  distribution-wealth  distribution-income  inequality  inequality-wealth  labor_share  wages  inequality-opportunity  downloaded 
september 2015 by dunnettreader
Branko Milanovic - All our needs are social | Global Inequality - August 2015
Branko Milanovic dismantles Harry Frankfurt's attempt to differentiate our "real" needs - where considerations of inequality purportedly aren't relevant, or even are counterproductive to our full self/realization -- and "social " needs where some consideration of correcting for those below some certain level is appropriate. It's a common but incoherent philosophical move -- I blame Rousseau!
inequality  amour_propre  economic_culture  self-interest  self-love  capabilities  inequality-opportunity  sociability  analytical_philosophy  socialization  Rousseau  bad_economics  authenticity  moral_philosophy  self-development  from instapaper
september 2015 by dunnettreader
David Millon - The Single Constituency Argument in the Economic Analysis of Business Law :: SSRN - Jan 2007
David Millon, Washington and Lee University - School of Law -- Research in Law and Economics, 2007 -- Washington & Lee Legal Studies Paper No. 2007-01 -- The essay points out an interesting parallel in law-and-economics business law scholarship. Working largely independently of each other, economically oriented scholars working in different areas have argued that the law should focus on the interests of a single constituency - shareholders in corporate law, creditors in bankruptcy law, and consumers in antitrust law. Economic analysts thus have rejected arguments advanced by progressive scholars working in each of these areas that the law should instead concern itself with the full range of constituencies affected by business activity. The law-and-economics single constituency claim rests in part on skepticism about judicial competence but the underlying objection is to the use of law for redistributive purposes. The primary value is efficiency, defined in terms of market-generated outcomes. In this essay, I question this political commitment, suggesting that it implies a strong tendency toward maintenance of the existing distribution of wealth. Even more importantly, the single constituency claim may actually have redistributive implications. In each of these areas of business law, however, it is a regressive program that favors owners of capital against those who are generally less well of, such as workers and small business owners. -- Number of Pages in PDF File: 31 -- saved to briefcase
paper  SSRN  philosophy_of_law  jurisprudence  legal_theory  political_philosophy  political_economy  law-and-economics  conflict_of_interest  principal-agent  profit_maximization  incentives  incentives-distortions  efficiency  shareholder_value  creditors  consumers  consumer_protection  competition  status_quo_bias  capital  inequality-wealth  inequality-opportunity  power-asymmetric  capital_as_power  distribution-income  distribution-wealth  corporate_governance  corporate_law  corporate_citizenship  bankruptcy  antitrust  conservative_legal_challenges 
july 2015 by dunnettreader
Robert Reich (Why We Must Fight Economic Apartheid in America)
Almost lost by the wave of responses to the Supreme Court’s decisions last week upholding the Affordable Care Act and allowing gays and lesbians to marry was…
Instapaper  SCOTUS  US_politics  racism  housing  segregation  equality  inequality-opportunity  inequality  education-K-12  discrimination  from instapaper
july 2015 by dunnettreader
Nancy Fraser: Rethinking Recognition. New Left Review 3, May-June 2000.
Has the liberating charge of struggles for recognition dissolved into pure identity politics? Do these have to sidestep inequalities of wealth and power? Not, Nancy Fraser contends, if recognition is understood as a question of social status rather than existential address. -- interesting fit from a social justice angle of key themes taken up by Jacib Levy in his new book -- downloaded pdf to Note
social_theory  culture_wars  cultural_authority  classes  status  political_participation  minorities  identity  identity_politics  multiculturalism  communitarian  identity-multiple  wealth  inequality-opportunity  inequality  inequality-wealth  redistribution  reification  recognition  Hegel  dialogue  marginalized_groups  downloaded 
june 2015 by dunnettreader
Mike Konczal - What's Left After Higher Education Is Dismantled | Rolling Stone
The two big higher-education stories this month couldn’t be more different. On one hand, you have financier Stephen A. Schwarzman donating $150 million to Yale…
Instapaper  US_politics  political_culture  education-higher  education-training  education-privatization  education-finance  student_debt  inequality-opportunity  from instapaper
may 2015 by dunnettreader
Alan B. Krueger - The great utility of the Great Gatsby Curve | Brookings May 2015
Every so often an academic finding gets into the political bloodstream. A leading example is "The Great Gatsby Curve," describing an inverse relationship between income inequality and intergenerational mobility. Born in 2011, the Curve has attracted plaudits and opprobrium in almost equal measure. Over the next couple of weeks, Social Mobility Memos is airing opinions from both sides of the argument, starting today with Prof Alan Krueger, the man who made the Curve famous. -- Building on the work of Miles Corak, Anders Björklund, Markus Jantti, and others, I proposed the “Great Gatsby Curve” in a speech in January 2012. The idea is straightforward: greater income inequality in one generation amplifies the consequences of having rich or poor parents for the economic status of the next generation.
The curve is predicted by economic theory…
US_economy  inequality  inheritance  inequality-opportunity  inequality-wealth  families  economic_sociology  economic_theory  economic_models  microeconomics  mobility  statistics  Instapaper  from instapaper
may 2015 by dunnettreader

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