Why We All Do Care About Inequality (But are Loath to Admit it)

10 Pages Posted: 21 Apr 2004

See all articles by Branko Milanovic

Branko Milanovic

World Bank - Development Research Group (DECRG); University of Maryland

Abstract

This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with poverty solely and not with inequality is internally inconsistent.

Keywords: inequality, poverty

JEL Classification: D63, D64, D30

Suggested Citation

Milanovic, Branko, Why We All Do Care About Inequality (But are Loath to Admit it). Available at SSRN: https://ssrn.com/abstract=530363 or http://dx.doi.org/10.2139/ssrn.530363

Branko Milanovic (Contact Author)

World Bank - Development Research Group (DECRG) ( email )

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HOME PAGE: http://econ.worldbank.org/staff/bmilanovic

University of Maryland ( email )

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College Park, MD 20742
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