Rewarding work : how to restore participation and self-support to free enterprise
Edmund S Phelps
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.
年:
2009
出版社:
Harvard University Press
语言:
english
页:
230
ISBN 10:
0674042115
ISBN 13:
9780674094963
文件:
PDF, 12.18 MB
IPFS:
,
english, 2009