Poverty, Inequality, and Unethical Behavior of the Strong

Arye Hillman ()

No 2000/187, IMF Working Papers from International Monetary Fund

Abstract: This paper is concerned with economic consequences of unethical governance. A framework is set out, based on principles of Friedrich Nietzsche, that ties poverty and inequality to unethical behavior of the strong toward the weak. The paper contributes to an understanding of why poverty and inequality have remained entrenched in some societies in spite of repeated programs intended to improve living standards. The purpose is to include ethics of governance, and, in particular, unethical behavior of the strong toward the weak, in preconditions for economic development.

Keywords: WP; discount rate; poverty; development; government; ethics; Nietzsche; Nietzschean behavior; expected return; behavior of the Nash equilibrium; normalized value; transition society; moral philosophy; Nietzschean society; Discount rates; Income inequality; Income distribution; Southeast Asia; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 28
Date: 2000-11-01
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2000/187

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