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Description
In this programme Nikos Baltazzis, Lecturer in Economics at The Open University, discusses with Alan Day, Professor of Economics at the London School of Economics, and Tony Atkinson, Professor of E...conomics at Essex University and author of the book 'Unequal Shares', whether or not income has become more equally distributed in the U.K. since the Second World War. Among the questions they consider are the quantity and quality of income data available in the U.K., the extent to which this data can be used to estimate changes in income distribution and what it shows about changes since the last war. They also discuss changes in wealth holdings and the effect these have had on income distribution.
In this programme Nikos Baltazzis, Lecturer in Economics at The Open University, discusses with Alan Day, Professor of Economics at the London School of Economics, and Tony Atkinson, Professor of E...conomics at Essex University and author of the book 'Unequal Shares', whether or not income has become more equally distributed in the U.K. since the Second World War. Among the questions they consider are the quantity and quality of income data available in the U.K., the extent to which this data can be used to estimate changes in income distribution and what it shows about changes since the last war. They also discuss changes in wealth holdings and the effect these have had on income distribution.
| Module code and title: | D222, Microeconomics |
|---|---|
| Item code: | D222; 07; 1974 |
| First transmission date: | 18-08-1974 |
| Published: | 1974 |
| Rights Statement: | |
| Restrictions on use: | |
| Duration: | 00:24:34 |
| + Show more... | |
| Producer: | Nigel Houghton |
| Contributors: | Tony Atkinson; Nikos Baltazzis; Alan Day |
| Publisher: | BBC Open University |
| Keyword(s): | Economics; Labour market; Equality; Income distribution |
| Footage description: | Clip from a Man Alive Film comparing two families, the Wadsworths and the Copeley-Williams. Various shots of the families on their way to work, at work etc. Baltazzis introduces the studio discussion which will deal with income distribution. Graphic representation of one theory of income distribution, Jan Pen's 'parade' theory. Baltazzis continues by asking Day and Atkinson on their ideas of income distribution and the inadequacy of available statistics. Atkinson discusses a table of shares before and after tax income. Day discusses a table of post-tax real incomes at 1973 prices. Atkinson introduces the Lorenz curves showing shares of total income. Both he and Day outline some of the deficiencies and problems caused by the available statistics. Day discusses the relevance of supply and demand for determining wage levels. Both he and Atkinson maintain that other social factors are also important. Wealth distribution is discussed next with Day using a wealth distribution chart. This shows the relative decline proportionately for the top 1%. The programme concludes with a look at the future, attempting to see how income distribution may change by the year 2000. Credits. |
| Master spool number: | 6HT/71447 |
| Production number: | 00525_2039 |
| Videofinder number: | 92 |
| Available to public: | no |
