by Dorcas Cheng-Tozun · 14 May 2023 · 217pp · 61,247 words
face for being the first-ever female cabinet member and for pushing what was then considered a radical socialist agenda: a forty-hour workweek, a minimum wage, unemployment compensation, a ban on child labor, and health insurance, among other policies meant to benefit workers.2 It was a role Perkins felt compelled to
by Jennifer Burns · 18 Oct 2009 · 495pp · 144,101 words
most pernicious enemy.” The problem was that Hayek was considered conservative, yet acknowledged there could be an important role for government-sponsored health care, unemployment insurance, and a minimum wage. “Here is where the whole case is given away,” Rand noted in her copy of The Road to Serfdom. Addressing Lane, she compared
by Erik Brynjolfsson · 23 Jan 2012 · 72pp · 21,361 words
still well above subsistence if there are downward rigidities that prevent them from falling as quickly as advances in technology reduce the costs of automation. Minimum wage laws, unemployment insurance, health benefits, prevailing wage laws, and long-term contracts—not to mention custom and psychology—make it difficult to rapidly reduce wages.3
by Mark Skousen · 22 Dec 2006 · 330pp · 77,729 words
and similar labor legislation reduce incentives for the unemployed to find work. He provided evidence that unionized labor and the adoption of minimum-wage and living-wage laws actually increases the unemployment rate. Finally, he offered a c^e study on Henry Ford's famous $5 workday as an example of higher productivity and
by Michael O’sullivan · 28 May 2019 · 756pp · 120,818 words
of the United States from an emerging to a developed nation. Some of the measures proposed by Roosevelt administration members such as Frances Perkins—a minimum wage and unemployment compensation, for example15—are already in place in China or are incarnated in the form of “iron rice bowls.”* But the Chinese system is
by Linda Herrera · 14 Apr 2014 · 186pp · 49,595 words
, hold them accountable, evaluate their performance, and define the priorities, not vice versa. In the document, poverty is reduced to two demands: raising the minimum wage, and providing unemployment benefits to university graduates for a limited period. These goals come across as ad hoc when compared to the more pointed demands of eliminating
by Chris Hedges · 14 May 2010 · 422pp · 89,770 words
week. Then the financial meltdown knocked the wind out of the local economy. “Everybody in my apartment building has had their hours cut, are unemployed, or have taken minimum-wage jobs,” he says. “I was laid off last year. I try to find work as an independent carpenter. I don’t have health
by Michael Jacobs and Mariana Mazzucato · 31 Jul 2016 · 370pp · 102,823 words
labour effort per unit of time. Marx argued that the tendency of capitalist development was to generate a ‘reserve army’ of unemployed labour that would keep wages at a culturally determined minimum—the dark side of market forces —while giving capitalist employers the power to extract high levels of labour effort, and hence
by Rob Reich, Mehran Sahami and Jeremy M. Weinstein · 6 Sep 2021
legislature passed Assembly Bill 5 (AB 5), with the aim of reclassifying thousands of independent contractors as employees, thereby guaranteeing them numerous benefits such as minimum wage, unemployment insurance, and sick leave. The bill was a textbook case of government seeking to contain a negative externality created by a profit-seeking company. Assemblywoman
by Dean Baker and Jared Bernstein · 14 Nov 2013 · 128pp · 35,958 words
.org/economics/oecd-economic-outlook-volume-2000-issue-1_eco_outlook-v2000-1-en Palley, Thomas. 2003. “The Backward–Bending Phillips Curve and The Minimum Unemployment Rate of Inflation: Wage Adjustment With Opportunistic Firms.” The Manchester School, Vol. 71, No. 1, pp. 35-50. http://onlinelibrary.wiley.com/doi/10.1111/1467-9957
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