Growth, Inequality, and Globalization Theory, History, and Policy Aghion

Growth, Inequality, and GlobalizationTheory, History, and Policy\nAuthor(s): Philippe Aghion, Jeffrey G. Williamson\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521650700, 978-0521650700\nSynopsis\nThe question of how inequality is generated and how it reproduces over time has been a major concern for social scientists for more than a century. Yet the relationship between inequality and the process of economic development is far from being well understood. These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth,.