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Inequality and capitalism
Author(s) -
Walters Sir Alan
Publication year - 2001
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 - 10.1111/1468-0270.00273
Subject(s) - capitalism , inequality , outcome (game theory) , economics , neoclassical economics , mathematical economics , microeconomics , positive economics , demographic economics , public economics , political science , mathematics , law , politics , mathematical analysis
By participation in lotteries, people reject the goals of equality of outcome or of opportunity ‐ fortunately because both are infeasible.
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