Capitalists, Workers, and Fiscal Policy

A Classical Model of Growth and Distribution

Thomas R. Michl

    A chief message of the book is that fiscal debt redistributes wealth in favor of the already wealthy and thus increases the polarization of society between rich and poor. An original and thought-provoking treatise.
       --Heinz D. Kurz, University of Graz

  • Cover: Capitalists, Workers, and Fiscal Policy
  • A photo of the author

Thomas R. Michl is Professor of Economics at Colgate University.