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Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise: How to Restore Participation and Self-Support to Free Enterprise, with a New Preface - Softcover

Phelps, Edmund S.

 
9780674026940: Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise: How to Restore Participation and Self-Support to Free Enterprise, with a New Preface
Softcover
ISBN 10: 0674026942 ISBN 13: 9780674026940
Verlag: Harvard University Press, 2007

Inhaltsangabe

Since the 1970s a gulf has opened between the pay of low-paid workers and the pay of the middle class. No longer able to earn a decent wage in respectable work, many have left the labor force, and the job attachment of those remaining has weakened. For Edmund Phelps, this is a failure of political economy whose widespread effects are undermining the free-enterprise system. His solution is a graduated schedule of tax subsidies to enterprises for every low-wage worker they employ. As firms hire more of these workers, the labor market would tighten, driving up their pay levels as well as their employment.

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Über die Autorin bzw. den Autor

Edmund S. Phelps is McVickar Professor of Political Economy at Columbia University and winner of the 2006 Nobel Prize in Economics.

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Verlag
Harvard University Press
Erscheinungsdatum
2007
Sprache
Englisch
ISBN 10 
0674026942
ISBN 13 
9780674026940
Einband
Taschenbuch
Anzahl der Seiten
208
Kontakt zum Hersteller
PERBELLE
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