A revised version of the author's lecture on social issues presented in the series of essentials of Free Government And Duties of the Citizen. Refiews various a

Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundr

This book defends equality against the objection that, due to its failure to provide incentives, it must conflict with either freedom or efficiency, or both. It