Is there a tradeoff between equity and efficiency? If so, what’s more important: equity or efficiency? How equitable and efficient is the US economy?
Equity and Efficiency Is there a tradeoff between equity and efficiency? If so, what’s more important: equity or efficiency? How equitable and efficient is the US economy? Is the Gini coefficient a good measure of economic inequality? What aspects of inequality does it miss? How and why does income inequality vary across cities, state, or … Read more