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Human Agency and Material Welfare: Revisions in Microeconomics and Their Implications for Public Policy
Morris Altman
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Description for Human Agency and Material Welfare: Revisions in Microeconomics and Their Implications for Public Policy
Paperback. Num Pages: 133 pages, biography. BIC Classification: JPQB; KCC; KCM; KCP. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 8. Weight in Grams: 242.
Some of the fundamental tenets of conventional economic wisdom, which have had a profound impact on public policy, are challenged in this book. These precepts include the affirmation that low wages are more beneficial that high wages to the process of growth and development; convergence in terms of output per person is just a matter of time; minimum wage laws and trade unions negatively impact on the economy as a whole; pay inequality due to labor market discrimination cannot persist over time; larger firms are typically more efficient than smaller firms; and ... Read more
Some of the fundamental tenets of conventional economic wisdom, which have had a profound impact on public policy, are challenged in this book. These precepts include the affirmation that low wages are more beneficial that high wages to the process of growth and development; convergence in terms of output per person is just a matter of time; minimum wage laws and trade unions negatively impact on the economy as a whole; pay inequality due to labor market discrimination cannot persist over time; larger firms are typically more efficient than smaller firms; and ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer-Verlag New York Inc. United States
Number of pages
133
Condition
New
Number of Pages
133
Place of Publication
New York, NY, United States
ISBN
9781461378945
SKU
V9781461378945
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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