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Expert debate at the London School of Economics, the world-leading social science institution. Read commentary research on social, political and economic issues.

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1

Adam Smith and Inequality (2014)

The assumption that Adam Smith accepted inequality as the necessary trade-off for a more prosperous economy is wrong, writes Deborah Boucoyannis. In reality, Smith’s system precluded steep inequalities not out of a normative concern with equality but by virtue of the design that aimed to maximise the wealth of…

3

How Academia Resembles a Drug Gang (2013)

Academic systems rely on the existence of a supply of “outsiders” ready to forgo wages and employment security in exchange for the prospect of uncertain security, prestige, freedom and reasonably high salaries that tenured positions entail. Drawing on data from the US, Germany and the UK, Alexandre Afonso looks at how…