Heterogeneous economies : implications for inequality and financial stability

In the first chapter we explore the relationship between income inequality and the Utilitarian ethic in a dynamic environment with endogenous preferences. Classical Utilitarians, like Bentham, believed that utilitarian principles are compatible with egalitarian ones. Although this claim is not uncon...

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Bibliographic Details
Main Author: Galanis, Giorgos
Published: University of Warwick 2017
Subjects:
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.725281