Book,

The share economy : conquering stagflation

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Harvard University Press, Cambridge, Mass., (1984)

Abstract

In the pages of this compelling volume, a cure for stagflation is at hand. Martin L. Weitzman, one of America's leading economic theorists, has hit upon a central feature of our economic life as the cause of this chronic malady: the standard practice of paying workers a fixed wage, regardless whether a company is doing well or poorly.

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