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A note on redistribution
Author(s) -
Tullock Gordon
Publication year - 2000
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/1468-0270.00236
Subject(s) - redistribution (election) , redistribution of income and wealth , poverty , economics , demographic economics , labour economics , microeconomics , political science , law , economic growth , politics , public good
A consequence of income redistribution may well be to make everyone (including lower‐income groups to which redistribution takes place) worse off after a period of years. Possibly income redistribution might gain consent because of risk aversion. The paper also draws attention to the tendency for people to be more concerned about poverty close at hand rather than far away.