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Rewarding Work : Howe to Restore Participation and Self-support to Free Enterprise (Paperback)

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Product Overview

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.

Specifications

Publisher Harvard Univ Pr
Mfg Part# 9780674026940
SKU 204797251
Format Paperback
ISBN10 0674026942
Release Date 9/1/2007
Product Attributes
Book Format Paperback
Number of Pages 0198
Publisher Harvard University Press
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