This is a well-grounded restatement, defense, and development of the theory of income distribution in both its micro- and macroeconomic aspects. The author, an authority in the field who has spent many years developing the ideas in this book, balances neoclassical theories with Keynesian and radical approaches. He considers income distribution theory in terms of ideology, statistics, micro- and macroeconomics, income policies, and the poverty problem. The result is a distinctive and comprehensive treatment of a subject that has polarized many economists over many decades. Bronfenbrenner reacts against conventional theories that concentrate on output markets, virtually ignoring input prices. He also opposes the brand of institutionalism that regards democratic business unionism as an American institution that can do no wrong. Overall, Bronfenbrenner presents an eclectic defense of a traditional theory of economics that has been under attack from rival viewpoints with insufficient rebuttal, and that proves to be a powerful tool of analysis in dealing with this subject. The book is organized into three main parts: an ideological and statistical personal introduction to income distribution, microeconomic distribution theory, and macroeconomic distribution theory. A final chapter considers incomes policies, with a rather skeptical view of the prospects for political control of income distribution within a basically free economy. The manuscript has been widely used and class tested over the past thirty-five years. The book will be useful to professional economists. It may be used as a basic text in courses on income distribution and as a supplementary text in microeconomic theory.
Product Identifiers
Publisher
Taylor & Francis Inc
ISBN-13
9780202308494
eBay Product ID (ePID)
94602334
Product Key Features
Author
Martin Bronfenbrenner
Publication Name
Income Distribution Theory
Format
Paperback
Language
English
Subject
Government
Publication Year
2006
Type
Textbook
Number of Pages
504 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
703g
Additional Product Features
Country/Region of Manufacture
United States
Editor
Martin Bronfenbrenner
Best Selling in Adult Learning & University
Current slide {CURRENT_SLIDE} of {TOTAL_SLIDES}- Best Selling in Adult Learning & University