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Book Synopsis
Since the 1970s a gulf has opened between the pay of low-paid workers and that of the middle class, resulting in the departure or frustration of much of the labor force. For Phelps, this is a failure of political economy whose widespread effects are undermining the free-enterprise system. He proposes a novel solution.

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"Deserves to be widely read and discussed." - The Economist"

Rewarding Work How to Restore Participation and

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    A Paperback by Edmund Phelps

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      Publisher: Harvard University Press
      Publication Date: 11/2/2007 12:00:00 AM
      ISBN13: 9780674026940, 978-0674026940
      ISBN10: 0674026942

      Description

      Book Synopsis
      Since the 1970s a gulf has opened between the pay of low-paid workers and that of the middle class, resulting in the departure or frustration of much of the labor force. For Phelps, this is a failure of political economy whose widespread effects are undermining the free-enterprise system. He proposes a novel solution.

      Trade Review
      "Deserves to be widely read and discussed." - The Economist"

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