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dc.contributor.advisorMoilanen, Mikko
dc.contributor.authorJacobsen, Martin Iver
dc.date.accessioned2018-06-22T09:30:38Z
dc.date.available2018-06-22T09:30:38Z
dc.date.issued2017-12-22
dc.description.abstractWhen the twenty-first century began there had over several decades been developed a dominant political discourse where economic growth was the overarching objective of public policy and with the terms of that discourse reflecting a significantly changed acceptance for the market mechanism as the primary way to achieve that end. Moreover, a significant degree of inequality was not only seen as an inevitable consequence of freer markets but it was also considered acceptable because it would ensure incentives for productivity growth and innovation and thereby fuel economic growth and thus increased well-fare. But these assumptions are now challenged by facts, by empirical evidence, and by a more thoughtful reflection on theory. This discussion paper presents some of these insights and argues that inequality can be detrimental to human welfare in ways that cannot be overcome by simply attaining higher growth rates.en_US
dc.identifier.urihttps://hdl.handle.net/10037/12962
dc.language.isoengen_US
dc.publisherUiT Norges arktiske universiteten_US
dc.publisherUiT The Arctic University of Norwayen_US
dc.rights.accessRightsopenAccessen_US
dc.rights.holderCopyright 2017 The Author(s)
dc.subject.courseIDSOK-3901
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212en_US
dc.subjectVDP::Social science: 200::Economics: 210::Economics: 212en_US
dc.titleAn Essay on the Significance of Economic Growth and Inequality on Human Welfareen_US
dc.typeMaster thesisen_US
dc.typeMastergradsoppgaveen_US


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