§16§§§§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 §04§§Chapter 1 Introduction.- §02§§Péter Mihályi is Professor in the Department of Macroeconomics, Corvinus University of Budapest, and Visiting Professor at the Central European University, Hungary. § § § §Iván Szelényi is William Graham Sumner Emeritus Professor of Sociology and Political Science, Yale University, and Max Weber Emeritus Professor of Social Sciences, New York University, Abu Dhabi. §