What Kinds of Economic Inequality Really Matter?

Thomas E. Weisskopf
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Thomas E. Weisskopf: University of Michigan

Indian Economic Review, 2013, vol. 48, issue 1, 39-58

Abstract: I discuss the major reasons why economic inequality should be a source of concern and the forms of inequality that are principally implicated. I consider ten different arguments as to why inequality matters – two of them moral, two political, three economic, and three social. In each case I discuss the economic variable(s) whose unequal distribution is at issue, whether economic class inequality or ethnic group inequality is most salient, and what part(s) of the unequal distribution are the most problematic – i.e., is the problem primarily poverty at the lower end, privilege at the upper end, bipolarization, or the entire distribution?

Keywords: Political Economy; Economic Inequality (search for similar items in EconPapers)
JEL-codes: Z13 (search for similar items in EconPapers)
Date: 2013
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