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This book provides a very useful introduction to methodologies for measuring inequality, a comprehensive overview of changes in inequality which have occurred in the United States, and an informative discussion of a variety of policy-related issues.
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This article offers a stylization of the assembly line production process. The model that emerges from this exercise serves to further explicate the role of management in allocating resources, and the effect of technical progress on resource allocation and market structure.
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Over the past twenty years real wages have stagnated despite substantial technical progress. This runs contrary to the widespread belief that technological change increases real wages. This paper presents a theoretical model showing that technical progress could reduce wages. This hypothesis is...
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The implications of equal sacrifice taxation have only been pursued in a very narrow context. This note applies this principle to the problem of levying taxes to provide public goods. Its purpose is to determine how taxes used to finance public goods must be structured in order to benefit each...
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