The Hidden Inequality in Socialism
By David R. Henderson, Robert M. McNab, Tamás Rózsás
This article appeared in the Winter 2005 issue of The Independent Review


In recent years, researchers on transition economies have concluded that income inequality increased in the former socialist countries of eastern Europe and central Asia despite the liberalization of political and economic life. This judgment, however, places too much credence in the data reported by socialist planners and underestimates the cumulative effect of the myriad inequalities present under socialism.

Other Independent Review articles by David R. Henderson
    Winter 2016   The Economy in 2065: Predictions and Cautions
    Spring 2015   A Philosophical Economist’s Case against a Government-Guaranteed Basic Income
    Spring 2014   The Inevitability of a U.S. Government Default
[View All (7)]

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