Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise, with a New Preface Paperback Harvard University Press
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Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise, with a New Preface Paperback Harvard University Press

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

Harvard University Press
Price:
$53.33

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.

Author: Edmund Phelps
Publisher: Harvard University Press
Published: 09/01/2007
Pages: 208
Binding Type: Paperback
Weight: 0.70lbs
Size: 9.10h x 6.10w x 0.60d
ISBN13: 9780674026940
ISBN10: 0674026942
BISAC Categories:
- Business & Economics | Labor | General
- Business & Economics | Economics | Theory
- Political Science | Labor & Industrial Relations