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Meritocracy and Economic Inequality

Meritocracy and Economic Inequality( )
Editor: Arrow, Kenneth Joseph
Bowles, Samuel
Durlauf, Steven N.
Author: Durlauf, Steven
ISBN:978-0-691-00468-6
Publication Date:Jan 2000
Publisher:Princeton University Press
Book Format:Paperback
List Price:USD $78.50
Book Description:

Most Americans strongly favor equality of opportunity if not outcome, but many are weary of poverty's seeming immunity to public policy. This helps to explain the recent attention paid to cultural and genetic explanations of persistent poverty, including claims that economic inequality is a function of intellectual ability, as well as more subtle depictions of the United States as a meritocracy where barriers to achievement are personal--either voluntary or inherited--rather than...
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Book Details
Pages:272
Detailed Subjects: Business & Economics / Economics / General
Social Science / Sociology / General
Social Science / Social Classes & Economic Disparity
Physical Dimensions (W X L X H):6.084 x 9.087 x 0.881 Inches
Book Weight:1.263 Pounds
Author Biography
Durlauf, Steven (Editor)
Kenneth Joseph Arrow was born in New York City on August 23, 1921. He received a bachelor's degree in social science and in mathematics from City College. He did his graduate work at Columbia University. He served in the Army Air Corps during World War II. He taught at Harvard University from 1968 to 1979 and at Stanford University until retiring in 1991.

He was an economist who was known for his contributions to mathematical economics. He wrote numerous books including Social Choice and Individual Values and Social Choice and Multicriterion Decision-Making written with Herve Raynaud. Arrow and John R. Hicks received the 1972 Nobel Memorial Prize in Economic Science for their work in welfare economics and the theory of social choice. In 2004, Arrow received the National Medal of Science, the nation's highest scientific honor. He died on February 21, 2017 at the age of 95.

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