If it makes sense to transfer income from rich to poor peop… - Harvey S. Rosen

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If it makes sense to transfer income from rich to poor people within a generation, why shouldn't we transfer income from rich to poor generations?

Harvey S. Rosen

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About Harvey S. Rosen

Harvey S. Rosen (born 29 March 1949, Chicago) is the John L. Weinberg Professor of Economics and Business Policy at Princeton University. His research focuses on public finance. He attended the University of Michigan for his undergraduate studies and Harvard University for graduate studies.

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Alternative Names: Harvey Sheldon Rosen • Rosen S. Harvey

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Milton Friedman John James Cowperthwaite Nicholas Barr Kenneth Arrow Henry Hazlitt

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Public decision making is complicated and not well understood. Contrary to simple methods of democracy, there appear to be forces pulling government expenditures away from levels that would be preferred by the median voter.

A social welfare function is simply a statement of how society's well-being relates to the well- being of its members.

Government is essentially a big computer that elicits from citizens their preferences and uses this information to produce social decisions.

If it makes sense to transfer income from rich to poor people within a generation, why shouldn't we transfer income from rich to poor generations? - Harvey S. Rosen

About Harvey S. Rosen

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