By Lester C. Thurow
Published: 1975
Monograph analysing distribution mechanisms in the USA by means of two economic models favoured over marginal productivity theory - discusses income distribution, employment opportunities, equal opportunities, competition, wages, and employment, examines the market system in general, the distribution of wealth, and economic policy implications. Graphs and references.
Lester C. Thurow (1938-2014) was a prominent American economist and author renowned for his engaging and accessible writing style. He served as the dean of the MIT Sloan School of Management and was a professor of management and economics. Thurow's notable works include 'The Zero-Sum Society,' 'The Capitalism Discontents,' and 'Head to Head: The Coming Economic Battle Among Japan, Europe, and America.' His writings often tackled complex economic issues, making them comprehensible to a broader audience while emphasizing the interconnectedness of global economies. Thurow's contributions to economic thought and public discourse have left a lasting impact on the field.
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