Chapter 7, Income Redistribution Conceptual Issues, p. 147
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Plato argued that in a good society the ratio of the richest to the poorest person's income should be at the most four to one.
— Harvey S. Rosen
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "Plato argued that in a good society the ratio of the richest to the poorest person's income should be at the most four to one." in the context of "Chapter 7, Income Redistribution Conceptual Issues, p. 147" to mean that wisdom is timeless.
Source: Wikiquote: "Harvey S. Rosen" (Sourced, Public Finance - International Edition - Sixth Edition)
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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.
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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