Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise - Couverture souple

Phelps, Edmund S.

Couverture souple

ISBN 10 : 0674026942 ISBN 13 : 9780674026940

Editeur : Harvard University Press, 2007

Synopsis

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.

A propos du livre

À propos de l?auteur

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

Détails de l'édition

• Éditeur: Harvard University Press
• Date d'édition: 2007
• Langue: anglais
• ISBN 10: 0674026942
• ISBN 13: 9780674026940
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 208
• Coordonnées du fabricant: non disponible
• Personne responsable: Amazon EU Sarl; 0; www.amazon.com; ; 38 Avenue John F. Kennedy; Luxembourg; 0; L-1855; Luxembourg