Economics for the rest of us : debunking the science that makes life dismal /
Moshe Adler.
- New York : [Jackson, Tenn.] : New Press ; Distributed by Perseus Distribution, 2010.
- xix, 217 p. : ill. ; 19 cm.
Includes bibliographical references.
Income equality : the earliest standard of efficiency -- Equality does not matter : Pareto efficiency and the free market -- The Pareto efficiency cops -- Why redistributing goods may be Pareto efficient after all -- A brief history of the federal income tax -- It is not Pareto efficient : the rich pay too much taxes (or, Laffer`s napkin) -- Private goods -- Government-supplied goods -- The classical theory of wages -- The neo-classical theory of wages : John Bates Clark -- The evidence -- The minimum wage -- Theories of wages and the Great Depression -- "Sticky wages " -- "Efficiency wages", or, Why unemployment is the fault of shirking by workers -- Executive compensation.