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Figthing unemployment : the limits of free market orthodoxy / edited by David R. Howell ; Foreword by Richard Freeman

Contributor(s): Material type: TextTextPublication details: Oxford : Oxford University Press, 2005Description: xiv,354σ. : διαγ.,πιν. ; 24εκISBN:
  • 0195165853
Subject(s): DDC classification:
  • 331.1377 21 εκδ.
Other classification:
  • 13.01.4
Summary: Fighting unemployment provides a critical assessment of free market orthodoxy. There is no simple tradeoff between unemployment and wage inequality. The justification for dismantling the welfare state to fight unemployment rests more on free market ideology than on empirical evidence. Low unemployment can appear in many labor market models, from the free markets of the United States to the regulated markets of Scandinavia. Prevention of very law wages, high earnings inequality, and excessive job insecurity requires strong labor market institutions.
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Item type Current library Collection Call number Copy number Status Date due Barcode
Books Books Βιβλιοθήκη ΟΜΕΔ Βιβλιοθήκη Κύρια Συλλογή 331.1377 FIG (Browse shelf(Opens below)) 1 Available 031000001230

Fighting unemployment provides a critical assessment of free market orthodoxy. There is no simple tradeoff between unemployment and wage inequality. The justification for dismantling the welfare state to fight unemployment rests more on free market ideology than on empirical evidence. Low unemployment can appear in many labor market models, from the free markets of the United States to the regulated markets of Scandinavia. Prevention of very law wages, high earnings inequality, and excessive job insecurity requires strong labor market institutions.

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