The "law" of wealth concentration

Doug Henwood dhenwood at
Wed Aug 16 21:30:38 PDT 2000

kelley wrote:

>transfer system? what's that? the way those tax revenues are dist
>and used in programs?

Income transfers - welfare payments, unemployment benefits, pensions, child allowances, etc. More broadly, programs matter (health insurance, tuition subsidies), but strictly speaking, transfers are nonmarket forms of income.


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