Back to Full Employment

Back to Full Employment PDF

Author: Robert Pollin

Publisher: MIT Press

Published: 2012

Total Pages: 206

ISBN-13: 0262017571

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Economist Robert Pollin argues that the United States needs to try to implement full employment and how it can help the economy.

Work and Idleness

Work and Idleness PDF

Author: Jane Wheelock

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 330

ISBN-13: 9401143978

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Work and Idleness develops the view that redistributing employment is a `feasible capitalist' solution, not just to the unemployment which particular groups suffer, but also to the work that others have to contend with, including many women. Putting the redistribution of employment on the policy agenda opens up debate on how to ensure a more equitable and fulfilling relationship between the ways we gain our livelihoods and the lives we lead. Growing insecurity in labour markets and changing patterns in the commodification of labour have led to a redistribution of paid and unpaid labour time as the structure of power relations, the gender order, discrimination, and state regulation have been modified. The first main trend affecting insecurity is mass unemployment and the growth of workless households. A second notable trend is a gender-based redistribution of hours worked. The third major trend is a shift from full-time waged work to full-time self-employment. Part I of this book presents the main economic theories driving the continuing divide between the intensification of work and the extension of idleness. Part II documents the ways in which the shift to mass idleness in advanced industrial countries has hit some groups particularly hard: the youngest and oldest age groups and other groups, including disabled workers, have traditionally been subject to discrimination in the labor markets. Part III provides a set of policy prescriptions.

The Political Economy of Full Employment

The Political Economy of Full Employment PDF

Author: Philip Arestis

Publisher: Edward Elgar Publishing

Published: 1995

Total Pages: 312

ISBN-13:

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This timely volume features essays from an international group of economists which address issues relating to the objective of securing full employment. The contributors adopt a political economy approach that highlights the nature and significance of institutional change.

Full Employment and Price Stability in a Global Economy

Full Employment and Price Stability in a Global Economy PDF

Author: Paul Davidson

Publisher: Edward Elgar Publishing

Published: 1999

Total Pages: 292

ISBN-13:

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The economic performance of many countries deteriorated significantly in the 1990s. This book offers policy prescriptions from the post-Keynesian perspective aimed at achieving full employment without inflation. It examines issues such as speculation, financial markets, and the Euro and its role.

A Theory of Full Employment

A Theory of Full Employment PDF

Author: Nancy Brenner-Golomb

Publisher: Routledge

Published: 2017-11-30

Total Pages: 242

ISBN-13: 1351315714

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In A Theory of Full Employment, Y. S. Brenner reviews the current drift toward a society he finds neither economically expedient nor morally attractive, and N. Brenner-Golomb discusses the risks involved for science and society in the newfangled sophism hiding behind post-modern ideas and "political correctness." Both authors emphasize the need to revive the public's political engagement and revise economic theory to restore to society the humane perspective that inspired the welfare state. They contend that if people will abandon outworn habits of thought, consider alternatives, and renew their political engagement, they may find useful employment for all who are able and willing to work and end the fear of destitution. Although scientists' philosophical backgrounds seldom influence their answers, they do determine their questions, and the final outcome can depend on this. Neoclassical economists are ill equipped to ask questions about the long-term dynamic processes of our complex economic reality. They leave out of their models variables not easily quantified and prefer mathematical precision to the study of the intricacy of life. Paul Samuelson, Robert Solow, and others have tried to overcome this by grouping self-adjusting elements into "proxy" variables, thus synthesizing neoclassical and Keynesian ideas. But most of today's critics of the ruling dogma go largely unheard. This volume is intended to convince professional economists who study the economic system as a whole to reexamine some of the assumptions behind reigning economic theories. A second objective is to explain to the general public why currently fashionable policies cannot solve massive long-term unemployment. Finally, it shows that if political engagement is revived, we may escape the economic morass and moral wasteland into which, the fashionable policies have been leading us since the 1970s. This book will appeal to economists, politicians, sociologists, and a wider public concerned about today's economic malaise.

No More Work

No More Work PDF

Author: James Livingston

Publisher: UNC Press Books

Published: 2016-10-28

Total Pages: 128

ISBN-13: 1469630664

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For centuries we've believed that work was where you learned discipline, initiative, honesty, self-reliance--in a word, character. A job was also, and not incidentally, the source of your income: if you didn't work, you didn't eat, or else you were stealing from someone. If only you worked hard, you could earn your way and maybe even make something of yourself. In recent decades, through everyday experience, these beliefs have proven spectacularly false. In this book, James Livingston explains how and why Americans still cling to work as a solution rather than a problem--why it is that both liberals and conservatives announce that "full employment" is their goal when job creation is no longer a feasible solution for any problem, moral or economic. The result is a witty, stirring denunciation of the ways we think about why we labor, exhorting us to imagine a new way of finding meaning, character, and sustenance beyond our workaday world--and showing us that we can afford to leave that world behind.

The Political Economy of Labour Market Institutions

The Political Economy of Labour Market Institutions PDF

Author: Gilles Saint-Paul

Publisher: Oxford University Press

Published: 2000

Total Pages: 289

ISBN-13: 0198293321

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According to most orthodox economists, labour market rigidities are the key culprit for such high unemployment as has been observed in Europe during the past three decades. But governments that have attempted to follow the standard prescription of removing rigidities have often faced harsh political opposition. This book looks at why labour market institutions such as employment protection, unemployment benefits, and relative wage rigidities exist, what role they play in society, why they seem so persistent, where the pressure to reform them comes from, and whether reform can be politically viable or not. The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process. It is also shown that, at the same time, such rents create resistance to reform, and contribute to locking society into a high-unemployment, rigid equilibrium. Finally, the basic principles exposed in the book are used to discuss various strategies for a successful labour market reform.

Commitment to Full Employment

Commitment to Full Employment PDF

Author: Aaron W. Warner

Publisher: M.E. Sharpe

Published: 2000-08-07

Total Pages: 276

ISBN-13: 9780765640123

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The 15 papers collected in this book encompass important macroeconomic theories and policies espoused by 1996 Nobel laureate economist Willaim S. Vickrey and his associates. Vickrey wrote a number of papers in the last few years of his life elucidating his commitment to full employment as a prerequisite for a decent standard of living for all. Drawing on the foundation of Vickrey's work, the contributors expand and elaborate on issues relative to full employment theory and policy, and on related macro-policy issues. This accessible book includes two previously unpublished Vickrey papers, a foreword by Robert Heilbroner, and keynote papers by Paul Davidson and James K. Gailbraith. It is directed toward students and policy makers interested in macroeconomic theory, employment policy, and political economy

The Political Economy of Competitiveness

The Political Economy of Competitiveness PDF

Author: Michael Kitson

Publisher: Routledge

Published: 2015-12-22

Total Pages: 214

ISBN-13: 1136294805

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The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective. Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include: * trade theory and policy * industrial decline and policy * markets, competition and innovation * globalisation, unemployment and government policy. The book provides a valuable guide to the major economic policy issues for both economists and business students.