"Of the tendencies that are harmful to sound economics, the most poisonous is to focus on questions of distribution," is how Robert E Lucas – the Chicago Nobel laureate and key architect of the pro-market orthodoxy – put it in 2003.
In a blunt comment on Osborne's plan to cut tax credits, now postponed but not abandoned, he said: I paid a lot of attention to questions of distribution, to who was being affected.
One Chicago School economist, the Nobel Prize winner Robert E. Lucas Jr., would later write: "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution".
As the pain increases, questions about distribution are only going to become more prominent, an issue that startups seem ill-equipped to handle.
The list includes specific questions about distribution and ethics as a way to identify the potential winners and losers (individuals or groups) of a measure over time.
Nobel laureate Robert Lucas declared, "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution".
However, there are several outstanding questions about distribution of misoprostol for PPH prevention at home births.
Details of questions and distribution of responses are reported in Appendix 1 and Table 2.
As Mr. Stern said: "To me, the issue in America is not a question of wealth or growth, it's a question of distribution".
Today, the question of distribution is being taken more seriously.
