economics Inequality

Inequality costs

Robert Wade

It is profoundly stupid to ignore society-wide costs of inequality

Professor Robert Wade is from The London School of Economics. He has recently written Inequality and the West, published as Chapter 3 in Inequality: A New Zealand Crisis, edited by Max Rashbrooke (Bridget Williams Books 2013).

Seeing himself as an analyst rather than an activist, Prof Wade has helped shape debate on the inequality. GDP, he says is a flawed measure of performance and while not opposed to growth – we have certainly seen benefits from material progress – he says we “we need to ‘green’ GDP – we need to decouple growth from emissions”.

Policy made for the top 1% by the top 1%