The Economic Costs of Inequality

This brief chapter surveys some of the economic literature concerning the instrumental costs of material inequality. Economic theory predicts, and econometric evidence finds, that inequality increases crime and political corruption and, in certain circumstances, constrains growth.

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[51]  Jens Ludwig,et al.  Reefer Madness: Broken Windows Policing and Misdemeanor Marijuana Arrests in New York City, 1989-2000 , 2007 .

[52]  C. Sunstein,et al.  Cost-Benefit Analysis Without Analyzing Costs of Benefits: Reasonable Accommodation, Balancing, and Stigmatic Harms , 2007 .

[53]  Cass R. Sunstein,et al.  Causation in Tort: General Populations vs. Individual Cases , 2007 .

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