Economists view the relationship between the degree of equality of income and wealth and economic efficiency as a

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Economists traditionally view the relationship between income/wealth equality and economic efficiency as a tradeoff. The argument is that policies that aim for greater equality may come at the expense of economic growth and efficiency, while policies that prioritize efficiency may lead to greater inequality. However, some economists argue that greater equality can actually enhance economic efficiency by improving education, reducing social tensions, and promoting greater social trust.

Economists View the Relationship Between the Degree of Equality of Income