Economic Inequality: Between theoretical controversies and empirical trends
Tuesday, 4 February, 1 pm, Lecture Block Room 1, Sidgwick Site
(Alice Krozer, Ph.D. Candidate in Development Studies) [Tuesday, 4 February 2014]
In the aftermath of the financial crisis the issue of a rising global inequality and its negative effects on the economy and society has been receiving increased attention in the public discourse. This lecture will reconsider inequality from various angles that have been neglected by neoclassical economists, who at best assume inequality to be an inevitable side issue. It will discuss why unequal distribution of incomes matters by outlining specific impacts that are associated with it (e.g. high levels of violence, mass migration, and erosion of social cohesion), consider the arguments about adequate and efficient redistribution and present some of the actual recent trends in inequality both globally and with regard to Britain.
In the aftermath of the financial crisis the issue of a rising global inequality and its negative effects on the economy and society has been receiving increased attention in the public discourse. This lecture will reconsider inequality from various angles that have been neglected by neoclassical economists, who at best assume inequality to be an inevitable side issue. It will discuss why unequal distribution of incomes matters by outlining specific impacts that are associated with it (e.g. high levels of violence, mass migration, and erosion of social cohesion), consider the arguments about adequate and efficient redistribution and present some of the actual recent trends in inequality both globally and with regard to Britain.
