Carden, Art
[VerfasserIn]
;
Estelle, Sarah M.
[Sonstige Person, Familie und Körperschaft];
Bradley, Anne Rathbone
[Sonstige Person, Familie und Körperschaft]
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 15, 2016 erstellt
Beschreibung:
Equality in the eyes of God and equality before the law are more important than material equality. First, equality moral and legal equality have led to what McCloskey (2006, 2010, 2016) calls the “Great Enrichment.” The enrichment has brought with it a global middle class and large reductions in extreme poverty. Second, commercial competition for positional goods is positive-sum. Those who want to have the best of everything effectively tax themselves by providing more and better goods and services for others (Nye 2002a, 2002b). Third, impeding commercial and financial access to status and wealth creates incentives for people to seek status and wealth by obtaining political power and privileges