Logotipo librería Marcial Pons
Rewarding work

Rewarding work
how to restore participation and self-supoort to free enterprise

  • ISBN: 9780674026940
  • Editorial: Harvard University Press
  • Lugar de la edición: Cambridge (MSS). Estados Unidos de Norteamérica
  • Encuadernación: Rústica
  • Medidas: 24 cm
  • Nº Pág.: 179
  • Idiomas: Inglés

Papel: Rústica
19,26 €
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Resumen

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 labour 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 labour market would tighten, driving up their pay levels as well as their employment.

Resumen

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