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Innovation and Inequality: How Does Technical Progress Affect Workers?
Gilles Saint-Paul
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Description for Innovation and Inequality: How Does Technical Progress Affect Workers?
Hardback. Offers a theoretical analysis of the important mechanisms by which technical progress and innovation affect the distribution of income. This book shows how the structure of demand changes as the economy becomes wealthier, in ways that may potentially harm the poorest segments of the workforce and economy. Num Pages: 208 pages, 1, black & white illustrations. BIC Classification: KCF. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 229 x 152 x 12. Weight in Grams: 460.
Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it would lead to increased wages and living standards--and the economists were right. Yet in the last three decades, the market economy has been jeopardized by a worrying phenomenon: a rise in wage inequality that has left a substantial portion of the workforce worse off despite the continuing productivity growth enjoyed by the economy. Innovation and Inequality examines why. Studies have firmly established a link between this worrying trend and technical change, in particular the rise of new ... Read more
Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it would lead to increased wages and living standards--and the economists were right. Yet in the last three decades, the market economy has been jeopardized by a worrying phenomenon: a rise in wage inequality that has left a substantial portion of the workforce worse off despite the continuing productivity growth enjoyed by the economy. Innovation and Inequality examines why. Studies have firmly established a link between this worrying trend and technical change, in particular the rise of new ... Read more
Product Details
Format
Hardback
Publication date
2008
Publisher
Princeton University Press United States
Number of pages
208
Condition
New
Number of Pages
208
Place of Publication
New Jersey, United States
ISBN
9780691128306
SKU
V9780691128306
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Gilles Saint-Paul
Gilles Saint-Paul is professor of economics at the Toulouse School of Economics and at the University of London's Birkbeck College. His books include "The Political Economy of Labour Market Institutions" and "Dual Labor Markets".
Reviews for Innovation and Inequality: How Does Technical Progress Affect Workers?
"This book is a must read for anyone with an interest in what Tinbergen once termed 'the race between education and technology'... Gilles Saint-Paul has written a book that takes stock of a debate that, for now, has more or less petered out in the literature. But he does so in a comprehensive and concise way, and, as his focus ... Read more