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Ability to Pay

Bernard W. Dempsey

The Quarterly Journal of Economics, 1946, vol. 60, issue 3, 351-364

Abstract: The problem, 351. — Economic and moral aspects, 351. — "Fair wage" the core of the question, 352. — Commutative and social justice, 353. — "Ability to pay" involves a question of commutative justice, 357. — The basic principle, 357. — Examples, 359. — Modern applications, 359. — Apparent exceptions to the principle, 361. — Needless poverty of our economic philosophy, 362.

Date: 1946
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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