Coase-Sandor Working Paper Series in Law and Economics
Publication Date
2007
Publication Title
Law & Economics Working Papers
Abstract
This brief chapter surveys some of the economic literature concerning the instrumental costs of material inequality. Economic theory predicts, and econometric evidence finds, that inequality increases crime and political corruption and, in certain circumstances, constrains growth.
Number
370
Recommended Citation
Richard H. McAdams, "The Economic Costs of Inequality" (John M. Olin Program in Law and Economics Working Paper No. 370, 2007).
Additional Information
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