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On the Ethics of Redistribution

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  • V. V. Chari
  • Christopher Phelan

Abstract

Analysts of optimal policy often advocate for redistributive policies within developed economies using a behind-the-veil-of-ignorance criterion. Such analyses almost invariably ignore the effects of these policies on the well-being of people in poor countries. We argue that this approach is fundamentally misguided because it violates the criterion itself.

Suggested Citation

  • V. V. Chari & Christopher Phelan, 2015. "On the Ethics of Redistribution," Economic Policy Paper 15-6, Federal Reserve Bank of Minneapolis.
    • Handle: RePEc:fip:fedmep:15-6
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    References listed on IDEAS

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    1. Robert E. Lucas, 2000. "Some Macroeconomics for the 21st Century," Journal of Economic Perspectives, American Economic Association, vol. 14(1), pages 159-168, Winter.
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