Background
Thurow, Lester Carl was born on May 7, 1938 in Livingston, Montana, United States. Son of Willis Carl and Alice Winefred (Hickman) Thurow.
( Written during a period of acute economic stagnation in...)
Written during a period of acute economic stagnation in 1980, The Zero-Sum Society discusses the human implications of economic problem solving. Interpreting macroeconomics as a zero-sum game, Thurow proposes that the American economy will not solve its most trenchant problems-inflation, slow economic growth, the environment-until the political economy can support, in theory and in practice, the idea that certain members of society will have to bear the brunt of taxation and other government-sponsored economic actions. As relevant today as it was twenty years ago, The Zero-Sum Society offers a classic set of recommendations about the best way to balance government stewardship of the economy and the free-market aspirations of upwardly mobile Americans.
http://www.amazon.com/gp/product/0465085881/?tag=2022091-20
(Slow growth and declining productivity energy shortages a...)
Slow growth and declining productivity energy shortages and over-regulation, chronic inflation and persistent poverty the problems are all too visible and so is our inability to solve them. as the rest of the world begins to overtake us in real economic growth and productivity, our society seems paralyzed, unable to act or even to agree on what action is necessary. Why? It is disturbing but fully documented thesis of this important book by one of the nation's leading economists that the reason we are finding it so difficult to get the economy off dead center is that none of the problems that bedevil us, whether it be energy or inflation or technological innovation can be solved without making many Americans worse off, even though society was a whole might gain. The Problem is that in our democratic system these minorities have the power to veto solutions they don't like and in recent years that is precisely what they have done.The results has been paralysis and drift. Today, as never before, all policy solutions involve some degree of redistribution of income and wealth. And until we face up to this painful reality and learn as a society to agree on who should bear what costs, economic growth will continue to elude us. Like it or not, we can no longer avoid these hard decisions.
http://www.amazon.com/gp/product/B00AG3SMTC/?tag=2022091-20
(The Zero-Sum Society: Distribution and the Possibilities ...)
The Zero-Sum Society: Distribution and the Possibilities for Economic Change by Lester C. Thurow. Basic Books,2001
http://www.amazon.com/gp/product/B0044L72Z2/?tag=2022091-20
(The author is concerned to reveal flaws in the assumption...)
The author is concerned to reveal flaws in the assumptions on which much of modern economic analysis is based, while showing how economists can still contribute to the management of an economy subject to social and political pressures.
http://www.amazon.com/gp/product/0394531507/?tag=2022091-20
(A renowned business leader predicts that economic strengt...)
A renowned business leader predicts that economic strength will determine the next world leader, and he outlines a long-term plan for American success. By the author of The Zero-Sum Society. Reprint. National ad/promo. NYT.
http://www.amazon.com/gp/product/0446394971/?tag=2022091-20
(The Coming Economic Battle among Japan, Europe, and Ameri...)
The Coming Economic Battle among Japan, Europe, and America The central argument in this volume is that the familiar economic alignments of the twentieth century are obsolete. The author evaluates America's position in the coming world order in light of these shifting circumstances. While the United States remains one of the major economic powers, the future will be controlled by those who train and educate themselves and those who invest more money into research in order to develop concrete plans to confront the competition. Thurow suggests that very different views of capitalism exist between the United States and Britain on the one hand, and Germany and Japan on the other. In order to ensure continued success, better education and national planning, along with increased communication between businesses, unions and the government, become central components of the game. Synopsis: A revolutionary look at what America must do today to compete tomorrow in a world where economic competition will determine leadership.
http://www.amazon.com/gp/product/1855165503/?tag=2022091-20
(The Zero-sum Society Distribution And The Possibilities F...)
The Zero-sum Society Distribution And The Possibilities For Economic Change b...
http://www.amazon.com/gp/product/B00MDAESUI/?tag=2022091-20
Thurow, Lester Carl was born on May 7, 1938 in Livingston, Montana, United States. Son of Willis Carl and Alice Winefred (Hickman) Thurow.
Bachelor of Arts Williams College, Master of Arts, 1960. Master of Arts (Philosophy, Political and Economics) Oxford University, 1962. Doctor of Philosophy Harvard University, 1964.
Hon Dr Williams College, 1980, Montana State University, 1982, Muhlenberg College, 1982.
Economics, United States President's Council Economics Advisers, 1964-1965. Assistant Professor of Economics, Harvard University, 1965-1968; Professor Economics and Management, Massachusetts Institute of Technology, Cambridge, Mass., USA, 1968-1983. Professor, University Arizona, 1975, 1980. Economics Commentator, Radio WGBH-2, Boston, 1968-1975. President Appointee, United States National Committee Manpower Policy, 1978-1979. Gordon Y. Billard Professor Management and Economics, Sloan School Management, Massachusetts Institute of Technology, Cambridge, Mass., USA, Cambridge, Massachusetts, since 1983.
Editorial Board, New York Times, 1979. Board Economics, Time, 1980-1981, since 1984. Contributing Editor, Newsweek, 1981-1983.
(The author is concerned to reveal flaws in the assumption...)
(Slow growth and declining productivity energy shortages a...)
(The Coming Economic Battle among Japan, Europe, and Ameri...)
(A renowned business leader predicts that economic strengt...)
( Written during a period of acute economic stagnation in...)
(The Zero-Sum Society: Distribution and the Possibilities ...)
(The Zero-sum Society Distribution And The Possibilities F...)
(The Zero-Sum Society)
When anybody starts to follow the way of Jesus, it means to share his relationship with God as Father.
The state should not use its authority to promote particular religious beliefs, nor should it require prayer or worship in the public schools. However, the state should leave students free to practice their own religious convictions.
My professional publications began with an interest in income distribution economics and this remains a central concern. The nature of the interest however has changed. Initially the articles were written from the perspective of what one can learn about how one might alter the distribution of income and wealth to produce more equality.
Tax policies, expenditure policies, and labour market mechanisms to increase education and training were of central concern. Over the years I have come to the conclusion that income distribution economics is in some sense the back side of economics from whence springs most of the problems of central concern on the front side of economics. Wages, for example, simply don’t adjust as they should adjust given the simple supply and demand market clearing mechanisms that we all teach.
I would argue that this ‘non-clearance’ is not a market imperfection but evidence that an efficient labour market works in a very different manner from that usually specified. Figuring out how this and related efficient but not price-auction market-clearing, mechanisms work is of central concern, starting with the book Generating Inequality.
Member economic advisory board National Association for the Advancement of Colored People, 1978. Member American Economic Association (vice president 1993).
Married Gretchen Pfuetze, December 30, 1971. Children: Torben, Ethan.