Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in al…
"How the Occupy movement has challenged the gap between American principles and American practice--and how we can realize our most cherished ideals."--Provided by publisher.OCLC-licensed vendor bibliographic record.
"The MIT Press"This collection of essays, coauthored with other distinguished economists, offers new perspectives on saving, intergenerational economic ties, retirement planning, and the distribution of wealth. The book links life-cycle microeconomic behavior to important macroeconomic outcomes, including the roughly 50 percent postwar decline in America's rate of saving and its increasing weal…
The concept of fair division is as old as civil society itself. Aristotle's "equal treatment of equals" was the first step toward a formal definition of distributive fairness. The concept of collective welfare, more than two centuries old, is a pillar of modern economic analysis. Reflecting fifty years of research, this book examines the contribution of modern microeconomic thinking to distribu…
This is a comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labour market outcomes, and concludes that the minimum wage is not a good policy tool.;Minimum wages exist in more than one hundred countries, both industrialized and developing. The United States passed a federal minimum wage law in 1938 and has increa…
Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across na…
"Edited collection with contributions from notable economists on policy solutions to the problem of economic inequality in advanced economies"--OCLC-licensed vendor bibliographic record.
"How resistance to fix economic inequality is tied to the persistent myth of meritocracy, and how to change the narrative"--OCLC-licensed vendor bibliographic record.
"A trade book based on the final report of MIT's Work of the Future Task Force"--OCLC-licensed vendor bibliographic record.
Why the United States has developed an economy divided between rich and poor and how racism helped bring this about.OCLC-licensed vendor bibliographic record.