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How Much Inequality Is Fair?: Mathematical Principles of a Moral, Optimal, and Stable Capitalist Society
Venkat Venkatasubramanian
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Description for How Much Inequality Is Fair?: Mathematical Principles of a Moral, Optimal, and Stable Capitalist Society
Hardback. Num Pages: 288 pages, 4 recorded music items, 28 graphs, 3 figures. BIC Classification: KCA; KCB; PBT; PH. Category: (P) Professional & Vocational. Dimension: 229 x 152. .
Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is-and for this, we need a quantitative, testable theory of fairness for free-market capitalism. ... Read more
Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is-and for this, we need a quantitative, testable theory of fairness for free-market capitalism. ... Read more
Product Details
Publisher
Columbia University Press
Format
Hardback
Publication date
2017
Condition
New
Weight
28g
Number of Pages
304
Place of Publication
New York, United States
ISBN
9780231180726
SKU
V9780231180726
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Venkat Venkatasubramanian
Venkat Venkatasubramanian is Samuel Ruben-Peter G. Viele Professor of Engineering at Columbia University.
Reviews for How Much Inequality Is Fair?: Mathematical Principles of a Moral, Optimal, and Stable Capitalist Society
Venkat Venkatasubramanian's unusual argument, which draws on both mathematical and philosophical principles to propose a model of a fair society, is itself worthy of remark. Whether or not you agree with it, it is clearly and fairly presented. It's one of the best books of its kind.
Simon DeDeo, Carnegie Mellon University A thoughtful book, with unique philosophical insights, ... Read more
Simon DeDeo, Carnegie Mellon University A thoughtful book, with unique philosophical insights, ... Read more