| Description |
xix, 217 p. : ill. ; 19 cm. |
| Bibliography |
Includes bibliographical references. |
| Contents |
Income equality : the earliest standard of efficiency -- Equality does not matter : Pareto efficiency and the free market -- The Pareto efficiency cops -- Why redistributing goods may be Pareto efficient after all -- A brief history of the federal income tax -- It is not Pareto efficient : the rich pay too much taxes (or, Laffer's napkin) -- Private goods -- Government-supplied goods -- The classical theory of wages -- The neo-classical theory of wages : John Bates Clark -- The evidence -- The minimum wage -- Theories of wages and the Great Depression -- "Sticky wages " -- "Efficiency wages", or, Why unemployment is the fault of shirking by workers -- Executive compensation. |
| Summary |
Argues that contemporary economic theories, particularly those concerning efficiency and wages, favor the rich over the poor, and that there are better, more just options. |
| Subject |
Economics.
|
|
Income distribution.
|
|
Wages.
|
| ISBN |
1595586415 (pbk.) |
|
9781595581013 |
|
1595581014 |
|
9781595586414 (pbk.) |
|
