Membership Theory of Inequality

A transition from the conventional policy of “redistributing income” to “redistributing membership”, could promote economic integration across communities and intergenerational mobility.


Video

Professor Steven Durlauf discusses a transition from the conventional policy of “redistributing income” to “redistributing membership”, thus promoting economic integration across communities and intergenerational mobility. Integrating broader conceptions of human beings by introducing ideas from psychology, sociology and others into economic modeling will help enrich the formal economic theory.

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