Abstract
In this paper we discuss some of the pressing problems in the theory of size income distribution policy. We consider the following problems: The definition of the income unit for purposes of income distribution policy. The relevance of individual labour-leisure choices for income distribution policy. The trade-off between equity and efficiency and the implications. The treatment of tertiary income in income distribution policy. Many recent contributions to the theory of size income distribution start with the remark that a coherent theory of income distribution is lacking. Since these contributions all aim to improve on the situation, it is at least amusing to note that this remark is about the only constant in the various attempts. This bodes ill for income distribution policy. As long as there are controversies as deep as in income distribution theory, it will be impossible to formulate policy recommendations that obtain unanimous support from the economics professions. Economists’ continuous attempts to disentangle positive analysis and normative judgements are most visible in this area.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
