Check nearby libraries
Buy this book
![Loading indicator](/images/ajax-loader-bar.gif)
Edmund Phelps underscores the importance of earning a respectable wage to foster self-worth and responsibility. He shows that earning such a wage has been increasingly hard for those at the low end of the wage distribution as productivity has come to rely more on knowledge and skills and less on brawn and hard work.
A crucial task for our economic and political system, Phelps asserts, is to devise methods to help less productive workers draw a reasonable wage, thereby reintegrating them into the economic mainstream. Phelp's solution is a graduated schedule of tax subsidies to enterprises for every low-wage worker they employ. As firms hired more of these workers, the labor market would tighten and pay levels would rise.
Ultimately the program would be largely self-financing, because its cost would be offset by reductions in the cost of welfare, crime, and medical care - as well as by taxes paid by formerly unemployed workers. Rewarding Work is an essay in what could be called economic engineering - in this case, the engineering of wage structures to help low-wage American workers achieve self-sufficiency and self-respect.
Check nearby libraries
Buy this book
![Loading indicator](/images/ajax-loader-bar.gif)
Previews available in: English
Showing 3 featured editions. View all 3 editions?
Edition | Availability |
---|---|
1
Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise, with a New Preface
October 30, 2007, Harvard University Press
Paperback
in English
- 1 edition
0674026942 9780674026940
|
zzzz
Libraries near you:
WorldCat
|
2
Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise
April 15, 1999, Harvard University Press
Paperback
in English
- New Ed edition
0674094964 9780674094963
|
zzzz
Libraries near you:
WorldCat
|
3
Rewarding work: how to restore participation and self-support to free enterprise
1997, Harvard University Press
in English
0674094956 9780674094956
|
aaaa
Libraries near you:
WorldCat
|
Book Details
Edition Notes
Includes bibliographical references (p. 177-194) and index.
Classifications
The Physical Object
ID Numbers
Community Reviews (0)
Feedback?August 6, 2024 | Edited by MARC Bot | import existing book |
August 23, 2020 | Edited by ImportBot | import existing book |
August 23, 2020 | Edited by ImportBot | import existing book |
August 21, 2020 | Edited by ImportBot | import existing book |
December 10, 2009 | Created by WorkBot | add works page |