Rewarding Work : How to Restore Participation and Self-Support to Free Enterprise
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Temin süremiz 28 - 42 iş günü
Yayıncı Harvard University Press ( 12 / 2007 ) ISBN 9780674026940 | İngilizce | Türler Ekonomi | İnsan Kaynakları
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.