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TitleEconomic growth and the high wage economy : choices, constraints and opportunities in the market economy
Author Morris Altman
Imprint London : Routlege, 2012
Descript xx, 313 p. : ill. ; 24 cm


Free to choose or prisoner of market forces: an introduction to high wage growth -- Introducing X-efficiency theory, rational inefficiency and the political economy of the golden rule -- A behavioral-institutional model of endogenous growth and induced technical change -- Why increasing income inequality is not necessary to economic prosperity -- A behavioral model of path dependency -- Culture as determinant of material welfare -- Sen's capabilities approach and growing economic welfare -- Economic growth, "globalization", and labor power -- Staple theory and export-led growth: constructing differential growth -- Economic freedom and economic growth and development -- A theory of induced institutional change -- Why high wages don't cause unemployment -- When wants are insatiable: a target income theory of labor supply -- Why unemployment insurance can increase economic efficiency

Wages and labor productivity Efficiency wage theory Labor market Economic development

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