Inequality studies tend to assume a positive correlation between income and wealth inequality. We doubt whether this holds for Rhineland welfare states as they seem to combine low income inequality with high wealth inequality levels. We hypothesize that publicly funded life-time income security, which is so typical for Rhineland welfare states, enhances private debt creation, while the redistributive taxes required to finance this system are targeting income rather than wealth.
Search this site
New Book: Agency, Gender and Economic Development in the World Economy 1850–2000
New GEHS book: Technology, Skills and the Pre-Modern Economy in the East and the West, editors Maarten Prak and Jan Luiten van Zanden
The Long Road to the Industrial Revolution available as print on demand paper back
Film impressions, Tine De Moor and Bas van Bavel of the CGEH explain the societal relevance of their research in short films