Neoclassical economists often maintain that there is a trade-off between equality and efficiency. That this is a false contention is shown forcefully by research conducted for example by Andrew Berg and Jonathan Ostry.Lars P Syll's Blog
There is no trade-off between equality and efficiency
Lars P. Syll | Professor of Economics, Malmo University
Another shibboleth of neoliberalism as a political theory based on economic efficiency bites the dust.