The Distribution of Wealth – Growing Inequality?

Michael Schneider, Honorary Research Fellow, Federation University, Mike Pottenger, University of Melbourne and J.E. King, Emeritus Professor, La Trobe University, Australia and Honorary Professor, Federation University Australia

This book is about the distribution of wealth among people, described by statisticians as the size distribution of wealth, and the way that this distribution has changed over time. It provides answers to a host of important questions including, why is the distribution of wealth important and how can it be measured? How unequal is this distribution in practice, and has the degree of inequality changed over time? What factors determine the level of inequality? What criteria can be used to rank alternative distributions of wealth and what instruments are available to a government that wishes to change the distribution? How is the distribution of wealth related to the aggregate amount of wealth? The answers have many dimensions, notably economic, statistical, ethical, political, sociological and legal.

‘Michael Schneider, doyen of wealth inequality, has teamed up with two talented coauthors to produce an authoritative work on this critical issue. Their book covers everything from 18th century Danish inequality to the ethics of wealth inequality. The Distribution of Wealth – Growing Inequality? is packed with data, insightful analysis and policy suggestions. The work is generous to other scholars, internationally focused and theoretically rich. If you care about the distribution of wealth – and all of us should – then this terrific book should be among your assets.’
– Andrew Leigh, Economist and Australian Parliamentarian

‘This second edition of The Distribution of Wealth thoroughly updates much of the material, reorganises material where it needed reorganising (particularly in relation to the case studies), and considerably extends the agenda to what really matters: the constant increase in wealth inequality.’
– Citizen’s Income Newsletter

2016 232 pp Hardback 978 1 78347 643 5 £75.60 £84.00 $108.00 $120.00

Elgaronline 978 1 78347 644 2

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