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Income distribution theory / Martin Bronfenbrenner

By: Material type: TextTextPublication details: London : Aldine Transaction, 2007Description: xiii, 487p, 22cmISBN:
  • 9780202308494
Subject(s): DDC classification:
  • 339.2 BRO
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The author, balances neoclassical theories with Keynesian and radical approaches. He considers income distribution theory in terms of ideology, statistics, micro- and macro-economics, 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.He 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.

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