Efficiency, Equality, and the Ownership of Property

ability accumulation already amount automation bequest better capital cent citizens consider constant cost countries course death depends desirable developed distribution duty earned incomes earning power economic effects efficiency employment equal equation existing expenditure fact factor fertility figures forces future gift give given greater growing growth higher important incentives income from property increase individual industry inequalities inheritance intelligence interest investment labour large properties less limit machines Mauritius means measures output ownership of property parents personal incomes poor population possible present principle problem profits progressive property owners property ownership proportion raise real wage received reduce relatively represent result rich rise savings scale social society stage sugar Suppose Table taxation tend United Kingdom University various wage rate wealth whole workers