Poverty, Inequality, and Unethical Behavior of the Strong
November 1, 2000
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Summary
This paper is concerned with economic consequences of unethical governance. A framework is set out, based on principles of Friedrich Nietzsche, that ties poverty and inequality to unethical behavior of the strong toward the weak. The paper contributes to an understanding of why poverty and inequality have remained entrenched in some societies in spite of repeated programs intended to improve living standards. The purpose is to include ethics of governance, and, in particular, unethical behavior of the strong toward the weak, in preconditions for economic development.
Subject: Discount rates, Financial services, Income distribution, Income inequality, Labor, National accounts, Poverty
Keywords: behavior of the Nash equilibrium, development, discount rate, Discount rates, ethics, expected return, government, Income distribution, Income inequality, moral philosophy, Nietzsche, Nietzschean behavior, Nietzschean society, normalized value, poverty, Southeast Asia, Sub-Saharan Africa, transition society, WP
Pages:
28
Volume:
2000
DOI:
Issue:
187
Series:
Working Paper No. 2000/187
Stock No:
WPIEA1872000
ISBN:
9781451859508
ISSN:
1018-5941
