Transformations

Who decides?

This is the last of a series of eight articles by Neva Goodwin; her conclusions.

As was noted earlier, there are relevant models to draw on, of countries where sensible …

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How standard wage theory must adapt

Standard economic theory assumes that worker salaries reflect what they add to the firm’s receipts. This picture contains some realistic points about supply and demand, along with a number of …

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The ideal economy

Challenges for a new economy will also bring challenges for the theory that will undergird such an economy. A very important one is to find ways to set incentives and …

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