Rewarding Work : How to Restore Participation and Self-Support to Free Enterprise, With a New Preface Paperback / softback
by Edmund Phelps
Paperback / softback
Description
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.
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:208 pages, 1 table
- Publisher:Harvard University Press
- Publication Date:01/09/2007
- Category:
- ISBN:9780674026940
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:208 pages, 1 table
- Publisher:Harvard University Press
- Publication Date:01/09/2007
- Category:
- ISBN:9780674026940