7. Economic analysis i n dicates two sources of potential pressure for income redistri huton: (a) the
Question:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Economics Private And Public Choice
ISBN: 9780123110404
2nd Edition
Authors: James D Gwartney; Richard Stroup; A H Studenmund
Question Posted: