Must-Read: Ravi Kanbur and Joseph Stiglitz: Dynastic Inequality, Mobility and Equality of Opportunity: “One often heard counter to the concern on rising income and wealth inequality… …is that it is wrong to focus on inequality of outcomes in a ‘snapshot.’ Intergenerational mobility and ‘equality of opportunity’, so the argument goes, is what matters for normative … Continue reading Must-Read: Ravi Kanbur and Joseph Stiglitz: Dynastic Inequality, Mobility and Equality of Opportunity