• Sign In / Register
  • Help
  • Basket0
Capitalists, Workers, and Fiscal Policy: A Classical Model of Growth and Distribution (Hardback)
  • Capitalists, Workers, and Fiscal Policy: A Classical Model of Growth and Distribution (Hardback)
zoom

Capitalists, Workers, and Fiscal Policy: A Classical Model of Growth and Distribution (Hardback)

(author)
£51.95
Hardback 320 Pages / Published: 02/12/2008
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket
Drawing on the work of the classical-Marxian economists and their modern successors, "Capitalists, Workers, and Fiscal Policy" sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security.The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl's model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book's findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.

Publisher: Harvard University Press
ISBN: 9780674031678
Number of pages: 320
Weight: 599 g
Dimensions: 235 x 155 x 28 mm

You may also be interested in...

Capital
Added to basket
£3.99
Paperback
The Worldly Philosophers
Added to basket
The Theory of Moral Sentiments
Added to basket
30-Second Economics
Added to basket
The Wealth of Nations
Added to basket
Capital
Added to basket
£8.99
Paperback
Capital
Added to basket
£16.99
Paperback
Development as Freedom
Added to basket
The Wealth Of Nations
Added to basket
Small Is Beautiful
Added to basket
The Origin Of Wealth
Added to basket
Wealth of Nations
Added to basket
£3.99
Paperback
Game Theory: A Very Short Introduction
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.