Abstract
In the preceding chapters we have seen that the aim of equity is often jeopardised by the existence of economic inequality. In this chapter and the next we shall examine the problem directly. By economic inequality we mean differences in individuals’ abilities to purchase goods and services, produced by the economy: what we shall term ‘differences in their purchasing power’.
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© 1976 Julian Le Grand and Ray Robinson
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Le Grand, J., Robinson, R. (1976). Economic Inequality: (1) Objectives and the Market System. In: The Economics of Social Problems. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15632-0_8
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DOI: https://doi.org/10.1007/978-1-349-15632-0_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-19531-4
Online ISBN: 978-1-349-15632-0
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