Word: thurow
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Instead, M.I.T. Economist Lester Thurow proposes that the Government reduce the size of the proposed tax cut from $25 billion to $15 billion and use the $10 billion differential for direct subsidles to companies that hire and train unskilled youth. Thurow's program has the virtue of concentrating on the trouble areas without pumping up the whole economy and fanning inflation...
...employment proposals by Thurow and Feldstein have much the same problem as TIP; they would be hard to administer. There also would be serious difficulties in defining who was qualified to receive the job subsidy and in guarding against fraud. The plans have run into stiff opposition from union leaders, who fear that federal subsidy for young workers would tempt companies to lay off older, more experienced hands in favor of hiring the cheaper young...
Jack Anderson--Emerson Hall at 8:30 p.m. Lester Thurow--Emerson 305 at 8:30 The Biblical Rationale for the Commandments--Science Center A at 8 Aaron Copland and Leo Cmit--Kirkland...
...Lester Thurow, an MIT economist, will discuss "The Current Economic Predicament" at 8:30 p.m. in Emerson 305. If Thurow's name rings a bell, you may have taken Ec 10. Thurow was the one who talked about "job competition"--a scenario where jobs search for workers--as opposed to the standard theory of "wage competition" in which workers run around looking for jobs. Thurow's theory has numerous applications in the study of black-white income disparities, and explaining in general why some people have more money than others. This last is a topic that Thurow examined...
Each system is marked by its own peculiar inequalities. Those associated with race, sex and age can be counted simply as signs of persisting discrimination. Most regional differences are hangovers from historical divergencies in region al economies. Some disparities, however, simply defy rationalization. M.I.T. Economist Lester Thurow in his book Generating Inequality points to extreme variations in income among auto mechanics of roughly equal training and age - along with similarly extreme variations in the earnings of comparable physicians. Why such differences? Nobody has figured...