Rent-Seekers, Profits, Wages and Inequality

Mihályi and Szelényi provide a timely contribution to contemporary debates about inequality of incomes and wealth, offering a careful examination of various sources of rent in contemporary societies, and considering several policy options to reduce inequality in order to preserve the meritocratic nature of liberal democracies.

While Rent-Seekers, Profits, Wages and Inequality acknowledges the rapid...