EQUALITY, WEALTH, AND POLITICAL STABILITY

Authors
Citation
Ra. Posner, EQUALITY, WEALTH, AND POLITICAL STABILITY, Journal of law, economics, & organization, 13(2), 1997, pp. 344-365
Citations number
43
ISSN journal
87566222
Volume
13
Issue
2
Year of publication
1997
Pages
344 - 365
Database
ISI
SICI code
8756-6222(1997)13:2<344:EWAPS>2.0.ZU;2-M
Abstract
The relation between economic equality and political stability present s an issue of great importance in view of recent increases in economic inequality in the United States and many other countries. This articl e presents theoretical reasons and empirical evidence derived from a l arge sample of the economic and political data of many different count ries in support of the proposition that average incomes in a society, rather than the equality or inequality of the income distribution, inc rease political stability.