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Fighting Unemployment : The Limits of Free Market Orthodoxy - 05 edition

Fighting Unemployment : The Limits of Free Market Orthodoxy (ISBN10: 0195165853; ISBN13: 9780195165852)
ISBN13: 978-0195165852
ISBN10: 0195165853

This edition has also been released as:
ISBN13: 978-0195165845
ISBN10: 0195165845

Summary: With much of Europe plagued by high levels of unemployment, it has become widely accepted that the culprit is labor market rigidity and that the prescription can only be labor market deregulation: lower wages, higher earnings inequality, greater decentralization in bargaining, less generous unemployment benefits, more hiring flexibility, and less job security. Fighting Unemployment critically assesses this free market orthodoxy. With cross-country statistical analyse ...show mores and country case studies, leading economists from seven North American and European countries contend that this conventional wisdom has greatly exaggerated the extent to which the unemployment problem can be blamed on protective labor market institutions and that the case for dismantling the welfare state to fight unemployment rests more on free market ideology than on the empirical evidence. The larger message of this book is that fundamentally different labor market models - ranging from the 'American Model' to the much more regulated and coordinated Scandinavian systems - are compatible with low unemployment. ...show less

Edition/Copyright: 05
Cover: Paperback
Publisher: Oxford University Press
Published: 12/02/2004
International: No

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