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Income inequality: should we worry about global trends

By Robert Hunter Wade

Abstract

Neoclassical economics has long neglected the subject of income inequality, as compared to poverty and economic growth. This neglect has multiple motivations, but the bottom line is well expressed by Willem Buiter (2007), former professor of European Economics at the London School of Economics and currently chief economist of the Citigroup banking conglomerate: ‘Poverty bothers me

Topics: HC Economic History and Conditions
Publisher: Routledge
Year: 2011
DOI identifier: 10.1057/ejdr.2011.24
OAI identifier: oai:eprints.lse.ac.uk:38770
Provided by: LSE Research Online
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