Economics, Econometrics and Finance
4 years ago

New study reveals how capital theory impacts income distribution worldwide.

The Economic Journal
Capital Theory and the Distribution of Income.
Roy Radner, C. J. Bliss

Paper Summary

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Grey System Theory

The article "Capital Theory and the Distribution of Income" by C.J. Bliss explores how capital influences income distribution. The author delves into the relationship between capital and how wealth is shared among people. The key findings suggest that the distribution of income is closely tied to the amount of capital individuals possess. This research sheds light on the complex dynamics of wealth distribution and its impact on society.