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Books > Business & Economics > Economics > Labour economics
Free market capitalism has created a divided American society. Conservative economic and social policy thinking drove the Right's Project from 1980 to its collapse in 2008, leaving the world in ruins and fascism on the march. The Vision of a Real Free Market Society challenges the Left to create new forms of the market economy that promote efficiency and equality while permanently thwarting concentrated power. Many recent commentators have offered policy recommendations based on existing economic institutions. By contrast, this book calls for root-and-branch changes to the inherent structure of American capitalism. The Vision of a Real Free Market Society: Re-Imagining American Freedom presents a Left-egalitarian case for limited government that overcomes the failures of conservatism while rescuing economic justice from the weaknesses of tax and transfer liberalism. The book explains why the system fails so many Americans in so many different ways, and outlines how we can build a better economy that simultaneously promotes freedom and social justice while crippling the powers of America's oligarchs. Exploring the idea of a left-wing case for strong but small government, the book makes the case for fundamental reforms that will lead to a truly free and fair society. This provocative book will be of great relevance to anyone with an interest in politics, philosophy or economics, and will challenge readers to rethink their assumptions concerning the prospects for combining justice with fairness in the modern world.
This book presents statistical methods for analysis of the duration of events. The primary focus is on models for single-spell data, events in which individual agents are observed for a single duration. Some attention is also given to multiple-spell data. The first part of the book covers model specification, including both structural and reduced form models and models with and without neglected heterogeneity. The book next deals with likelihood based inference about such models, with sections on full and semiparametric specification. A final section treats graphical and numerical methods of specification testing. This is the first published exposition of current econometric methods for the study of duration data.
Originally published in 1992, this book examines the development of employers' human resource management and industrial relations policies in Britain. It adopts a broad historical perspective, beginning with the inheritance from the nineteenth century and ending with an analysis of human resource management policies. It focuses on how managers organise the employment relationship, how they control work relations, and how they deal with trade unions and industrial relations. The author examines these in the context of the market within which the firm operates, and the strategy, structure and hierarchy of industrial enterprise. The book shows that historically British employers tended to adopt market-based strategies rather than internal ones.
Dwindling innovation and deteriorating economic conditions are caused by a major force, a systemic shift in the American economy. In this gripping book, Dr. Samli makes the case that the US economy is shifting for the worse, tilting towards a finance-driven economy, and argues that investing in innovation will bring us out of the recession and back to a successful, market-driven economy. While the US is cost-cutting by sending jobs abroad, reducing education budgets, and redirecting government funds to military involvement, American innovation has been suffering and stifled. Dr. Samli explores the roots of the recession from this viewpoint and offers an 'innovative' solution for disciplining economic, political, and social activities to come out of the recession and restore the tilt towards the 99-percent.
1) This is one of the first books to document the impact of Covid-19 on Migrant workers in India. 2) It discusses crucial issues of the impact of Covid-19 on mobility and migration, citizenship, rights and justice, and labour markets and labour policies in India. 3) This book will be of interest to departments of South Asian studies, labour studies and migration studies across UK.
President Reagan's Conservative Fiscal Policy explores how the Reagan administration's (1981-1988) fiscal policy changed the national economy and adversely impacted unemployment among African Americans. This work features detailed analysis of Reaganomics, supply-side fiscal policies, and major budget cuts to domestic employment training programs, such as the Comprehensive Employment and Training Act (CETA) Program, as they relate to African Americans' unemployment levels and President Reagan's style of leadership and conservative ideology. Author Chiazam Ugo Okoye also scrutinizes three specific tax relief acts: The Economic Recovery and Tax Act, 1981 (ERTA); The Tax Equity and Fiscal Responsibility Act, 1982 (TEFRA); and the Tax Reform Act of 1986 (TRA).
More than 190 million children under 15 are working in the world today. Academic and policy research on child labor and related questions about how children spend their time in low income countries has boomed in recent years. This volume contains fresh knowledge to help better understand the relationship between child labor and the transition between school and work. It contains 11 original research papers by authors from Africa, Asia, Latin America as well as the United States and Europe. These papers offer insights and answers to issues such as: how to measure child labor; how the returns to education in the adult labor market affect children's school enrollment; how cash transfer programs affect schooling and children's participation in market and non-market activities; how child labor and schooling affect health; why children participate in activities that are labeled worst forms of child labor; how children's time is allocated along gender lines; what role local labor demand plays in shaping the work and schooling decisions of children; and, how many hours of work can be undertaken before negative effects on school attendance are observed.
This book brings together up-to-date findings on the regional dimensions of European labour markets. It provides a conceptual and empirical study of the interactions between the European economy and its regions, paying particular attention to the issue of the transition of Central and Eastern European countries to a market economy. The topics analysed include: the structure of the shocks affecting employment (regional, industrial, national), the relationships between labour market efficiency and the regional distribution of unemployment, wage flexibility in EU member countries or in their regions and the role of active labour market policies in affecting the regional distribution of employment and unemployment.
The transformation of China's economy from a centrally planned to a market-oriented system has had a profound impact on management systems and practices at the firm level, particularly changes to the organization of work. One of the consequences of this is increasing social disparity reflected through inequality of employees' income and employment conditions. This book, based on extensive original research including interviews and questionnaire surveys in different regions of China, explores the exact nature of these changes and their effects. It examines state-owned enterprises, foreign-owned enterprises and domestic private enterprises, discusses the extent to which employees are satisfied with their employment conditions and whether they think their employment conditions are fair and outlines how managers and employees in China expect conditions to change in future.
Originally published in 1987, at a time of high unemployment, this book provides a critical analysis of the role played by education in solving unemployment. It examines the practical, social and psychological effects of unemployment on adults and argues that formal institutional responses are inadequate within any long term perspective, and that it is rather community, informal and often unofficial initiatives that will provide learning experiences for unemployed people.
The woman's role in society has often been undervalued and relegated to the background. Even though opportunities are increasingly made available for women in society, they are still at a great disadvantage. Years of thorough research have revealed how providing increased job opportunities in the labor market is vital for developing a republic's economy. Of course, a country with very little participation of the female population in the labor market will have nothing but a stunted economic and social situation seeing that only half the population are actively contributing to its growth. In the light of the knowledge boom in this modern age, policies have to be made, and strategies are drawn to promote gender equality and provide as many opportunities for women as men in the labor market. This book focuses on the global labor market and how the present and future improvements of gender equality reflect upon it. It also contains the strategies and policies created to combat gender discrimination in the labor market to provide equal opportunities to everybody irrespective of the gender or ethnic affiliations.
Originally published in 1972, Incomes Policy and the Public Sector is a consideration of the work conducted by The National Board for Prices and Incomes from 1965 to 1970. The Board, commonly known as the PIB, was intended to be the instrument through which an incomes policy could be shaped and guided in Britain. This book looks first at the reports that it made, and the criteria and judgements used, and then examines incomes policy by studying its impact in several areas in the public sector. Incomes Policy and the Public Sector offers a comprehensive overview of incomes policy from 1965-1970 and puts the reader in touch with 'real economic situations'.
Originally published in 1972, Incomes Policy and the Public Sector is a consideration of the work conducted by The National Board for Prices and Incomes from 1965 to 1970. The Board, commonly known as the PIB, was intended to be the instrument through which an incomes policy could be shaped and guided in Britain. This book looks first at the reports that it made, and the criteria and judgements used, and then examines incomes policy by studying its impact in several areas in the public sector. Incomes Policy and the Public Sector offers a comprehensive overview of incomes policy from 1965-1970 and puts the reader in touch with 'real economic situations'.
In the absence of federal legislation, each state in the United States has its own policies regarding family leave, job protection for women and childcare. No wonder working mothers encounter such a significant disparity when it comes to childcare resources in America! Whereas conservative states like Nebraska offer affordable, readily available, and high quality childcare, progressive states that advocate for women's economic and political power, like California, have expensive childcare, shorter school days, and mothers who are more likely to work part-time or drop out of the labor market altogether to be available for their children. In Motherlands, Leah Ruppanner cogently argues that states should look to each other to fill their policy voids. She provides suggestions and solutions for policy makers interested in supporting working families. Whether a woman lives in a state with stronger childcare or gender empowerment regimes, at stake is mothers' financial dependence on their partners. Ruppanner advocates for reducing the institutional barriers mothers face when re-entering the workforce. As a result, women would have greater autonomy in making employment decisions following childbirth.
The contributors to this edited collection argue that a flexible Job Guarantee program able to react to an economy's fluctuating need for work would stabilize the labor standard, the value of employment in relation to money. During economic downturns, the program would expand to provide more public sector jobs in response to private sector layoffs. It would then contract when economic growth offered private sector employment opportunities. This flexible full employment program would create a balanced, perpetually active labor force, providing the macroeconomic stability necessary to define a functioning labor standard. Just as the gold standard measured the worth of money against gold reserves, John Maynard Keynes argued, so a labor standard ought to measure the value of money in terms of its labor equivalent. However, he failed to account for the fact that, unlike a gold standard, a labor standard does not have any kind of surety that money will continue to match its value in paid work over time. Together, the contributors argue that full employment would provide this missing security and allow authorities to define the value equivalencies of money and labor, the way that money once represented its exact equivalent in gold.
Artificial intelligence and the autonomous robots of the Fourth Industrial Revolution will render certain jobs and competences obsolete but will also create new roles, which in turn require new sets of skills. They will also transform how we produce, distribute and consume, as well as how we think. Rather than a linear understanding of evolutionary processes, we will develop a more interactive and circular interpretation. This book offers a unique and holistic perspective on the future of work in the context of industry 4.0. It discusses the globalization of capital markets, how artificial intelligence can help organizations to be more competitive and the new role of leadership in this technological landscape. The author argues that there are four categories of competences, which will be required in order to maintain the relevance of human skills and expertise in the innovation economy. The new jobs that come into being will lend themselves to a particular set of skills. General competences will be necessary for roles involving the 4Cs of communication, creativity, collaboration and change. Specific or STEM competences will be called for across the science, technology, engineering and mathematics sectors. Human competences will lend themselves to positions comprising the SELC framework of social, emotional, leadership and cultural skills. Critical or REVE competences will be in demand for roles embracing reflection, ethics, values and the environment. The book provides a human-centric view of the current technological advancements of artificial intelligence and robotics and offers a positive outlook for human actors seeking continued relevance. It will appeal to scholars and students of the innovation economy, the knowledge society and the coming Fourth Industrial Revolution.
Over the past few decades, the world economy has undergone radical transformations, in part connected to the expansion of the 'digital economy', in part to the growing interconnection via the internet of the world of objects and physical processes. This 'great transformation' poses the dilemma on the capitalism's ability to reconcile economic and social value, keeping together economic well-being, social cohesion and political freedom. The Economy of Collaboration can offer a contribution in this direction but requires courageous policies to mediate the various interests at stake, as well as to rethink and make more sustainable its development, by increasing the benefits not only for businesses but also for workers and consumers. In short, to create shared value. This book refers to a mode of organizing the production, distribution and consumption of goods and services based on cooperative relations. The main reference is to activities linked to the digital economy, since they are the emerging forms of a definitely older phenomenon, but which is expanding on an ever-wider scale thanks to new technologies. These collaborative activities can be regulated differently, along a continuum that ranges from the pole of market exchanges to that of generalized reciprocity, with various intermediate mixed forms.
India Migration Report 2020 examines how migration surveys operate to collect, analyse and bring to life socio-economic issues in social science research. With a focus on the strategies and the importance of information collected by Kerala Migration Surveys since 1998, the volume: Explores the effect of male migration on women left behind; attitudes of male migrants within households; the role of transnational migration and it effect on attitudes towards women; Investigates consumption of remittances and their utilization; asset accumulation and changing economic statuses of households; financial inclusion of migrants and migration strategies during times of crises like the Kerala floods of 2018; Highlights the twenty-year experience of the Kerala Migration Surveys, how its model has been adapted in various states and led to the proposed large-scale India Migration Survey; and Explores issues of migration politics and governance, as well as return migration strategies of other countries to provide a roadmap for India. The volume will be of interest to scholars and researchers of development studies, economics, demography, sociology and social anthropology, and migration and diaspora studies.
First published in 1920. This study examines the science of industrial work and the advances in its application to the economic life of the community. The author commences this volume with a brief explanation of the general principles of Theoretical Mechanics which have been applied in the study of the Human Motor. Space has also been devoted to the explanation of the laws of thermo-dynamics and of the Conservation of Energy. These provide the reader with the means by which muscular work and fatigue can be measured. This title will be of interest to students of economics and business.
Avoiding prejudice will be critical to economic success in the fourth industrial revolution. It is not the new and innovative technology that will matter in the next decade, but what we do with it. Using technology properly, with diverse decision making, is the difference between success and failure in a changing world. This will require putting the right person in the right job at the right time. Prejudice stops that happening. Profit and Prejudice takes us through the relationship between economic success and prejudice in labour markets. It starts with the major changes that occur in periods of economic upheaval. These changes tend to be unpopular and complex - and complexity encourages people to turn to the simplistic arguments of 'scapegoat economics' and prejudice. Some of the changes of the fourth industrial revolution will help fight prejudice, but some will make it far worse. The more prejudice there is, the harder it will be for companies and countries to profit from the changes ahead. Profit is not the main argument against prejudice, but can certainly help fight it. This book tells a story of the damage that prejudice can do. Using economics without jargon, students, investors and the public will be able to follow the narrative and see how prejudice can be opposed. Prejudice is bad for business and the economy. Profit and Prejudice explains why.
This 1989 collection of papers marks the development of empirical application of the search approach to labor economics - an approach which arose as a theoretical development of the 1960s and led to numerous insights in the 1970s. The search approach naturally incorporates uncertainty in the economic model, making up some of the early work in what is now called 'the economics of information'. Included are econometric issues such as estimation and specification of search models for wages and unemployment duration, continuous time models of turnover, and identification of structural parameters. Applications to policy questions including Unemployment Insurance and wage subsidy programs are given, and data collection issues are discussed within the search framework.
A ground-breaking and sharply insightful book revealing the wide-ranging effects of the global economic crisis, the Arab Spring and the ongoing rebalancing of the world economy on international migration and its configuration. It debunks 'the business as usual' approach to the future challenge of migration and argues for a new approach to the issue.
During the last decade, many European countries introduced extensive reforms to the way that income protection and activation programmes for the unemployed are implemented and delivered. This book analyzes and compares these reforms in nine European countries, focusing on the reforms programmes themselves, as well as on their effects.
Points the way to widened worker participation, greater employment security, and improved competitiveness for workers and employers alike. "William Batt, U.S. Department of Labor"
This book explores various forms of highly skilled mobility in the European Union, assessing the potential for this movement to contribute to individual and societal development. In doing so, the authors illustrate some of the issues arising from the opening up of Europe's borders, and exposing its education systems and labour markets to international competition. While acknowledging the potentially positive aspects of mobility, they also reveal many of the negative consequences arising from flaws in mobility governance and inequalities in access to opportunities, arguing that when the management of mobility goes 'wrong', we are left with a heightened level of precariousness and the reproduction of social inequality. This discussion will be of interest to those working within Europe's mobility infrastructure, as well as policymakers in the mobility field and students and scholars from across the social sciences. |
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