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Edmund S. Phelps 作者

Harvard University Press

译者

1999-4-15 出版日期

208 页数

USD 19.50 价格

Paperback

丛书系列

9780674094963 图书编码

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发表于2024-11-15

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Rewarding Work 在线电子书著者简介

Edmund S. Phelps is Winner of the 2006 Nobel Memorial Prize in Economic Science

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.