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Equality and Efficiency. The Big Tradeoff

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In this revised and expanded version of the Godkin Lectures presented at the John F. Kennedy School at Harvard University in April 1974, Arthur M. Okun explores the conflicts that arise when society's desire to reduce inequality would impair economic efficiency, confronting policymakers with "the big tradeoff".

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Equality and Efficiency. The Big Tradeoff, Arthur M. Okun

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1975
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