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Wisconsin, Labor, Income, and Institutions: Contributions from Commons and Bronfenbrenner: 29, Part C (Research in the History of Economic Thought and Methodology, 29, Part C) - Hardcover

 
9781780520100: Wisconsin, Labor, Income, and Institutions: Contributions from Commons and Bronfenbrenner: 29, Part C (Research in the History of Economic Thought and Methodology, 29, Part C)
Hardcover
ISBN 10: 1780520107 ISBN 13: 9781780520100
Publisher: Emerald Group Publishing Limited, 2011

Synopsis

This volume publishes notes from Martin Bronfenbrenner's course in the Distribution of Income as taken by Warren J. Samuels at the University of Wisconsin in 1954. Bronfenbrenner, who received his PhD from the University of Chicago in 1939, was an unusually prolific author with wide ranging interests. 'The New Palgrave' entry on Bronfenbrenner notes that he was probably unique in holding simultaneous membership in both the Mt Pelerin Society and the Union of Radical Political Economists. Bronfenbrenner's work on income distribution is particularly important as it modified neoclassical theory to be able to address questions raised by both classical and neo-Marxian analysis. He described his own work as being 'summed up in the proposition that the distribution of income and wealth is an important factor in judging an economic system on welfare grounds, but that such emotive terms as 'maldistribution', 'exploitation', and 'poverty' are all subjective.' This volume thus provides an important archival source for economists working in mid-20th century history of economic thought as well as those interested in the evolution of neoclassical theory and the nexus between economics and Cold War politics.

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About the Author

Ross B. Emmettis professor of political economy and political theory and constitutional democracy at James Madison College, Michigan State University. Some of his works include Frank Knight and the Chicago School in American Economics and Selected Essays by Frank H. Knight.

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Publisher
Emerald Group Publishing Limited
Publication date
2011
Language
English
ISBN 10 
1780520107
ISBN 13 
9781780520100
Binding
Hardcover
Number of pages
452
Editor
Johnson Marianne, Samuels Warren J.