See, "The Economic Illusion, " by Robert Kuttner of The American
Prospect.
On social dem. anyone bring up the John Stephens studies?
max has mentioned Przewski (never can spell that guys name right,
the Univ. of Chicago academic, "Paper Stones, " is the title
of one of his studies on socd
Wonderful!
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
The equality/efficiency trade-off: empirical
evidence
Arthur Okun. Equality and Efficiency: The Big Trade-off,
1975
The pursuit of efficiency necessarily creates inequalities. And
hence society faces a trade-off between equality and efficiency.
Paul Krugman in NYT Sept. 16, 2001
In
