Mihályi and Szelényi provide a timely contribution to contemporary debates about inequality of
incomes and wealth offering a careful examination of various sources of rent in contemporary
societies and considering several policy options to reduce inequality in order to preserve the
meritocratic nature of liberal democracies. While Rent-Seekers Profits Wages and Inequality
acknowledges the rapid and disturbing increase of incomes and wealth in the top 1 or 0.1% it
focuses on the increasing rent component of incomes and wealth in the top 20% as even more
consequential. The attention to cutting-edge issues on inequality in macroeconomics political
science and sociology will appeal to social scientists interested in income distribution and
wealth accumulation.
