Martin Bronfenbrenner

Income Distribution Theory (eBook, PDF)

• Format: PDF

Produktbeschreibung

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.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 487
• Erscheinungstermin: 5. September 2017
• Englisch
• ISBN-13: 9781351512831
• Artikelnr.: 49261790

Autorenporträt

Martin Bronfenbrenner

Inhaltsangabe

Foreword
Preface
1. The Disputed Importance of Distribution
2. Variations on the Distribution Theme
3. Topics in Personal Income Distribution
4. Topics in Functional Income Distribution
5. Maldistribution?
6. The Demand for Productive Inputs
7. The Antimarginalist Backlash
8. Imperfect Competition and Exploitation
9. The Supply of Inputs
10. Collective Bargaining
11. Wages and Employment
12. Classical Interest Theory
13. Monetary Interest Theory
14. Two Theories of Rent
15. Normal Profits
16. Macrodistribution Theory: The Summing Up
17. Guidelines
Guideposts
and Incomes Policies
Index