7. Economic analysis i n dicates two sources of potential pressure for income redistri huton: (a) the

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7. Economic analysis i n dicates two sources of potential pressure for income redistri huton:

(a) the public-good nature of antipoverty efforts and

(b) self-interest. I f sel f-i nterest is the major motivation for redistribution, there i s l ittle reason t o believe that income will necessa rily be redistributed from the rich to tl1e poor. From the viewpoint of a vote-maximizing entrepreneur, there is incentive to support redistributio1

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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