Arthur M. Okun "Equality and Efficiency - The Big Tradeoff" : Αξιολόγηση μετά από είκοσι χρόνια
Part of : Αρχείον οικονομικής ιστορίας ; Vol.VII, No.1-2, 1996, pages 75-90
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75-90
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Arthur M. Okun "Equality and Efficiency - The Big Tradeoff" : An appraisal after 20 years
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Abstract:
In the present paper Okun's well known analysis with regard to the tradeoff between equality and efficiency is re-examined in the light of modern institutional approach. In the first part of the paper Okun's treatment of inequality as a motive for increasing productivity is analysed. In the second section this treatment is critically examined from the logical and historical point of view. In the last section further institutional factors concerning the above tradeoff are examined.
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