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Rewarding Work : How to Restore Participation and Self-Support to Free Enterprise, With a New Preface, Paperback / softback Book

Rewarding Work : How to Restore Participation and Self-Support to Free Enterprise, With a New Preface Paperback / softback

Paperback / softback

Available to Order - This title is available to order, with delivery expected within 2 weeks

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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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£22.59

Available to Order - This title is available to order, with delivery expected within 2 weeks
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