Economic Growth and Inequality: The Economists' Dilemma

Economic Growth and Inequality explores the relationship between economic growth and inequality, presenting an overview of the models used by economists to define and measure inequalities and the ongoing dialogues between political philosophers and economists to find solutions.

Format: Hardback
Length: 216 pages
Publication date: 15 February 2023
Publisher: Taylor & Francis Ltd

In an era characterized by growing disparities and profound concerns about the repercussions of two significant economic crises, economists find themselves grappling with a fundamental question: can economic growth be achieved without exacerbating inequalities? Economic Growth and Inequality takes a pragmatic approach to examining the economic literature on this topic, aiming to bridge the divide between those who prioritize economic liberties and those who argue that such prioritization inevitably leads to unequal outcomes.

The book provides a comprehensive overview of the models employed by economists to define and measure inequalities, as well as the ongoing dialogues between political philosophers and economists in search of solutions to these pressing problems. It delves into the concepts of Rawlsian justice, Sens capability theory, and the theory of rent, comparing and contrasting the most commonly discussed institutions and policies designed to alleviate poverty and reduce inequalities.

This book constitutes a substantial contribution to the literature on some of the most pressing issues of our time, appealing to readers with interests in political economy, public policy, moral philosophy, and the history of economic and political thought. It offers valuable insights and perspectives that will contribute to our understanding of these complex challenges and help shape policy and decision-making processes in the years to come.

Weight: 580g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032106144