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The Changing Tolerance for Income Inequality in the Course of Economic Development

Albert O. Hirschman and Michael Rothschild
The Quarterly Journal of Economics
Vol. 87, No. 4 (Nov., 1973), pp. 544-566
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1882024
Page Count: 23
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The Changing Tolerance for Income Inequality in the Course of Economic Development
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Abstract

I. Gratification over advances of others: The tunnel effect introduced, 545.--II. Some evidence, 548.--III. Consequences for integration and revolution, 550.--IV. From gratification to indignation, 552.--V. The tunnel effect: Social, historical, cultural, and institutional determinants of its strength, 553.--VI. An alternative reaction: Apprehension over advances of others, 559.--VII. Concluding remarks, 560.--Mathematical appendix, 562.

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