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Distribution of income and expenditures across nations

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Abstract

This paper outlines a premise that state social and economic planning in recent decades were the outgrowth of Marxist doctrine, even though Marxism as an economic system failed to materialize. The paper addresses the rise of the New Left with its doctrine of radical economics and its influence for state planning. For this purpose, the paper compares 126 countries grouped by income distribution and income inequality. The findings indicate that richer economies perform better than economies of lesser income in the distribution and equality of income.

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Authors and Affiliations

  1. Department of Economics, Finance, and International Business, The University of Southern Mississippi, 118 College Drive, #5072, Hattiesburg, MS, 39406-5072, USA

    Edward Nissan

  2. School of Business Administration, University of Houston-Victoria, Victoria, TX, USA

    Farhang Niroomand

Authors
  1. Edward Nissan
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  2. Farhang Niroomand
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Correspondence to Edward Nissan.

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Nissan, E., Niroomand, F. Distribution of income and expenditures across nations. J Econ Finance 34, 173–186 (2010). https://doi.org/10.1007/s12197-009-9088-0

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  • DOI: https://doi.org/10.1007/s12197-009-9088-0

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