The "law" of wealth concentration

J. Barkley Rosser, Jr. rosserjb at
Thu Aug 17 11:18:24 PDT 2000

In the US, social security is the biggest of them all, outweighing all the others put together. In some of those Scandinavian countries, other kinds of transfer programs are much bigger than in the US, e.g. child care, pay for sick leaves, etc. Barkley Rosser -----Original Message----- From: Doug Henwood <dhenwood at> To: lbo-talk at <lbo-talk at> Date: Thursday, August 17, 2000 12:42 AM Subject: Re: The "law" of wealth concentration

>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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