Equality and Efficiency

Source: Andrew G. Berg and Jonathan D. Ostry, Finance & Development, Vol. 48, No. 3, September 2011

Do societies inevitably face an invidious choice between efficient production and equitable wealth and income distribution? Are social justice and social product at war with one another? In a word, no.
Related:
Study: Income Inequality Kills Economic Growth
Source: Josh Harkinson, Mother Jones, October 4, 2011

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