Traditional economic theory posits a trade-off between fairness and economic growth. A growing body of literature has countered this notion in the developing-world context, suggesting that more equity can lead to more sustainable growth. Meanwhile, a newer strand of research looking at the US similarly suggests that measures of regional equity or inclusion at a metropolitan level, such as residential integration by race and income as well as overall income equality within that metro, can have a positive effect on regional economic growth. This project recommends the policy message that doing good and doing well might just go hand in hand.
Read our book "Just Growth: Inclusion and Prosperity in America’s Metropolitan Regions"