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Journal of Economic Literature: Vol. 39 No. 1 (March 2001)

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Review of Meritocracy and Economic Inequality Edited by Kenneth Arrow, Sameul Bowles, and Steven Durlaf

Article Citation

Brown, Charles. 2001. "Review of Meritocracy and Economic Inequality Edited by Kenneth Arrow, Sameul Bowles, and Steven Durlaf." Journal of Economic Literature, 39(1): 93-104.

DOI: 10.1257/jel.39.1.93

Abstract

The twelve essays in this volume deal with the definition of meritocracy and equality of opportunity, the causes and consequences of intelligence, schooling and inequality, and equal-opportunity policy options. They emphasize the importance of education and race, relative to IQ. Collectively, they argue that it may be possible to both reduce inequality and improve efficiency by reducing the market imperfections that contribute to inequality.

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Authors

Brown, Charles (U MI and NBER)

JEL Classifications

J24: Human Capital; Skills; Occupational Choice; Labor Productivity
D31: Personal Income, Wealth, and Their Distributions
J70: Labor Discrimination: General
J31: Wage Level and Structure; Wage Differentials
D63: Equity, Justice, Inequality, and Other Normative Criteria and Measurement


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