Economics

Liberty, Equality, and Redistribution

ABSTRACT

Whether claims to redistribute resources in society are based on calls for justice, equity, or compassion, differences in wealth and power put pressure on the existing political and economic institutions. This conference discussed the phenomenon of calls for redistribution and greater equality, particularly as they pertain to Latin America and the developing world.

READING LIST

From Liberty Fund

Envy

by By Helmut Schoeck

This classic study is one of the few books to explore extensively the many facets of envy—“a drive which lies at the core of man’s life as a social being.” Ranging widely over literature, philosophy, psychology, and the social sciences, Professor Schoeck— a distinguished sociologist and anthropologist—elucidates both the constructive…

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Additional Readings

Machan, Tibor, eds. Liberty and Equality, Stanford: Hoover Institution Press, 2000, 2002.

Acton, H. B. The Morals of Markets and Related Essays. Edited by David Gordon and Jeremy Shearmur. Indianapolis: Liberty Fund, Inc., 1993.

Bauer, Peter. Equality, the Third World, and Economic Delusion. Cambridge: Harvard University Press, 1981.

de Soto, Hernando, E. Ghersi y M. Ghibellini. El Otro Sendero: la revolucion informal [The Other Path: The Invisible Revolution]. Buenos Aires: Editorial Sudamericana, 1987.

Hayek, F. A. The Constitution of Liberty. Chicago: University of Chicago Press, 1978.

Jouvenel, Bertrand de. The Ethics of Redistribution. Indianapolis: Liberty Fund, Inc., 1990.

Sowell, Thomas. The Quest for Cosmic Justice. New York: Free Press, 1999.