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.
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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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