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Título: Rewarding Work | |
Autor: Phelps Edmund | Precio: $276.00 | |
Editorial: Harvard University Press | Año: 2007 | |
Tema: Estudio, Trabajo, Analisis | Edición: 1ª | |
Sinopsis | ISBN: 9780674026940 | |
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. |