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How much inequality is fair? : mathematical principals of a moral, optimal, and stable capitalist society /
"Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guida...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York :
Columbia University Press,
[2017]
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 049 | |a UAMI | ||
| 100 | 1 | |a Venkatasubramanian, Venkataraman, |d 1956- |e author. | |
| 245 | 1 | 0 | |a How much inequality is fair? : |b mathematical principals of a moral, optimal, and stable capitalist society / |c Venkat Venkatasubramanian. |
| 264 | 1 | |a New York : |b Columbia University Press, |c [2017] | |
| 264 | 4 | |c ©2017 | |
| 300 | |a 1 online resource (xxi, 279 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a data file |2 rda | ||
| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a Extreme inequality in income and wealth -- Foundational principles of a fair capitalist society -- Distributive justice in a hybrid utopia -- Statistical thermodynamics and equilibrium and distribution -- Fairness in income distribution -- Global trends in income inequality : theory versus reality -- What is fair pay for executives? -- Final synthesis and future directions. | |
| 520 | |a "Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is--and for this, we need a quantitative, testable theory of fairness for free-market capitalism. How Much Inequality Is Fair? synthesizes concepts from economics, political philosophy, game theory, information theory, statistical mechanics, and systems engineering into a mathematical framework for a fair free-market society. The key to this framework is the insight that maximizing fairness means maximizing entropy, which makes it possible to determine the fairest possible level of pay inequality. The framework therefore provides a moral justification for capitalism in mathematical terms. Venkat Venkatasubramanian also compares his theory's predictions to actual inequality data from various countries--showing, for instance, that Scandinavia has near-ideal fairness, while the United States is markedly unfair--and discusses the theory's implications for tax policy, social programs, and executive compensation" -- From the publisher. | ||
| 588 | |a Description based on print version record. | ||
| 590 | |a JSTOR |b Books at JSTOR Evidence Based Acquisitions | ||
| 590 | |a JSTOR |b Books at JSTOR All Purchased | ||
| 590 | |a JSTOR |b Books at JSTOR Demand Driven Acquisitions (DDA) | ||
| 650 | 0 | |a Income distribution |x Mathematical models. | |
| 650 | 0 | |a Wealth |x Mathematical models. | |
| 650 | 0 | |a Equality |x Mathematical models. | |
| 650 | 0 | |a Capitalism |x Moral and ethical aspects. | |
| 650 | 6 | |a Revenu |x Répartition |x Modèles mathématiques. | |
| 650 | 6 | |a Richesse |x Modèles mathématiques. | |
| 650 | 7 | |a SCIENCE / Physics / General |2 bisacsh | |
| 650 | 7 | |a Capitalism |x Moral and ethical aspects |2 fast | |
| 650 | 7 | |a Equality |x Mathematical models |2 fast | |
| 650 | 7 | |a Income distribution |x Mathematical models |2 fast | |
| 650 | 7 | |a Wealth |x Mathematical models |2 fast | |
| 776 | 0 | 8 | |i Print version: |a Venkatasubramanian, Venkataraman, 1956- |t How much inequality is fair? |d New York : Columbia University Press, [2017] |z 9780231180726 |w (DLC) 2016046854 |w (OCoLC)965805642 |
| 856 | 4 | 0 | |u https://jstor.uam.elogim.com/stable/10.7312/venk18072 |z Texto completo |
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n cis38050485 | ||
| 938 | |a EBSCOhost |b EBSC |n 1628773 | ||
| 994 | |a 92 |b IZTAP | ||