Income Distribution:Whether We can Own both Efficiency and Equity
Zheng Jian-ren
Abstract
Zheng Jian-ren
Abstract
Great inequalities in the distribution of income are not inevitable costs of economic development.While pursuing high efficiency,we must,and also can, take effective measures to prevent income distribution from excessive inequality,in order that the advantages of economic growth can be shared by more extensive social members.
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Great inequalities in the distribution of income are not inevitable costs of economic development.While pursuing high efficiency,we must,and also can, take effective measures to prevent income distribution from excessive inequality,in order that the advantages of economic growth can be shared by more extensive social members.
Key concepts: Income distribution, Economics, Equity (law), Economic inequality, Distribution (mathematics), Inequality, Social equality, Order (exchange)