Income inequality: should we worry about global trends
Wade, R. H.
(2011).
Income inequality: should we worry about global trends.
European Journal of Development Research,
23(4), 513-520.
https://doi.org/10.1057/ejdr.2011.24
(2011).
Income inequality: should we worry about global trends.
European Journal of Development Research,
23(4), 513-520.
https://doi.org/10.1057/ejdr.2011.24
Neoclassical economics has long neglected the subject of income inequality, as compared to poverty and economic growth. This neglect has multiple motivations, but the bottom line is well expressed by Willem Buiter (2007), former professor of European Economics at the London School of Economics and currently chief economist of the Citigroup banking conglomerate: ‘Poverty bothers me.