Individual welfare, majority voting, and the properties of a linear income tax
TLDR
In this article, the authors explored the possibility of conflict between high national income and distributional equity and found that even when the distribution of earning power is rightward skew, majority voting does not necessarily lead to the adoption of a tax function which has the average tax rate rising with income.About:
This article is published in Journal of Public Economics.The article was published on 1975-02-01 and is currently open access. It has received 825 citations till now. The article focuses on the topics: State income tax & Gross income.read more
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A Rational Theory of the Size of Government
Allan H Meltzer,Scott F. Richard +1 more
TL;DR: In a general equilibrium model of a labor economy, the size of government, measured by the share of income redistributed, is determined by majority rule as mentioned in this paper, where voters rationally anticipate the disincentive effects of taxation on the labor-leisure choices of their fellow citizens and take the effect into account when voting.
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Distributive Politics and Economic Growth
Alberto Alesina,Dani Rodrik +1 more
TL;DR: This paper analyzed the relationship between economics and politics and concluded that inequality is conducive to the adoption of growth-retarding policies, and presented cross-country evidence consistent with it. But their analysis focused on how an economy's initial configuration of resources shapes the political struggle for income and wealth distribution, and how that, in turn, affects long run growth.
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Is inequality harmful for growth
Torsten Persson,Guido Tabellini +1 more
TL;DR: In this article, a theoretical model for the relationship between inequality and economic growth is proposed, and the model implications are supported by the evidence that both historical panel data and post-war cross-sectional data indicate a significant and large negative relation between inequalities and growth.
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Income distribution, political instability, and investment
TL;DR: In this paper, the authors identify a channel for an inverse relationship between income inequality and growth, and measure socio-political instability with indices which capture the occurrence of more or less violent phenomena of political unrest.
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Polarized America: The Dance of Ideology and Unequal Riches
TL;DR: McCarty et al. as mentioned in this paper examined the relationship of polarization, wealth disparity, immigration, and other forces, characterizing it as a dance of give and take and back and forth causality.
References
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Social Choice and Individual Values
TL;DR: Saari as mentioned in this paper introduced Arrow's Theorem and founded the field of social choice theory in economics and political science, and introduced a new foreword by Nobel laureate Eric Maskin, introducing Arrow's seminal book to a new generation of students and researchers.
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Social Choice and Individual Values.
Leo A. Goodman,Kenneth J. Arrow +1 more
TL;DR: In this article, the authors present a destination search and find the appropriate manuals for their products, providing you with many Social Choice And Individual Values. You can find the manual you are interested in in printed form or even consider it online.
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An Exploration in the Theory of Optimum Income Taxation
TL;DR: In this paper, the authors make the following simplifying assumptions: (1) Intertemporal problems are ignored; (2) the tax system that would bring about that result would completely discourage unpleasant work; and (3) what such a tax schedule would look like; and what degree of inequality would remain once it was established.
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The theory of committees and elections
TL;DR: In this paper, Dodgson's Third Pamphlet 'A Method...' (1876) was used to discuss the Elasticity of Committee Decisions with an Altering Size of Majority.