GV4D4 - week 3

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These are my notes from October 10 for GV4D4 at the London School of Economics for the 2017-2018 school year. I'm taking this module as part of the one-year Inequalities and Social Science MSc program.

The usual disclaimer: all notes are my personal impressions and do not necessarily reflect the view of the lecturer. Feel free to email me (ilostwaldo, gmail) with any questions or corrections.

Inequality and Redistribution in the Rich Democracies


Capital in the Twenty-First Century by Thomas Piketty (chapters 7-11)

Chapter 7

Chapter 8

Chapter 9: inequality of labour income

Chapter 10

Chapter 11: merit and inheritance


The Meltzer and Richard model

(The 1981 theory proposed by Allan H. Meltzer and Scott F. Richard that was discussed last class. I personally think it’s extremely flawed but I guess it’s worth understanding better.)

The impact of different electoral systems

Why don’t people vote for greater distribution?


Some topics discussed: