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|a Okun, Arthur M.,
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|a Equality and efficiency :
|b the big tradeoff /
|c Arthur M. Okun ; foreword by Lawrence Summers.
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|a Washington, DC :
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|a A Brookings Classic
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|a "This book is a revised and expanded version of material originally delivered in April 1974 as a Godkin Lecture at the John F. Kennedy School of Government, Harvard University."
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|a Includes bibliographical references and index.
|
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|a Foreword / Lawrence Summers -- Rights and dollars -- The case for the market -- Equality of income and opportunity -- Increasing equality in an efficient economy -- Further thoughts on equality and efficiency -- Notes -- Index.
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|a In classrooms Arthur M. Okun may be best remembered for Okun?s Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place.
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|a Comparative economics.
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