Equality and Efficiency, the Big Tradeoff

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Brookings Institution, 1975 - Comparative economics - 124 pages
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In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in the early seventies, Arthur M. Okun explores the conflicts that arise when society's desire to reduce inequality impairs economic efficiency, confronting policymakers with " the big tradeoff."

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Contents

The Case for the Market
32
Equality of Income and Opportunity
65
Increasing Equality in an Efficient Economy
88
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