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Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty

Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty, a new working paper by Hufe, Kanbur and Peichl, takes up the issue of multifaceted inequality by putting forth a new measure of unfair inequality. The authors argue that inequality is not bad per se, but that one should differentiate between different aspects of inequality in order to make normative statements about the fairness of a given income distribution.

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