Download or read book Macroeconomic Policy and a Living Wage written by Donald R. Stabile and published by Springer. This book was released on 2018-10-29 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a new interpretation of the Employment Act of 1946. It argues that in addition to Keynesian economics, the idea of a living wage was also part of the background leading up to the Employment Act. The Act mandated that the president prepare an Economic Report on the state of the economy and how to improve it, and the idea of a living wage was an essential issue in those Economic Reports for over two decades. The author argues that macroeconomic policy in the USA consisted of a dual approach of using a living wage to increase consumption with higher wages, and fiscal policy to create jobs and higher levels of consumption, therefore forming a hybrid system of redistributive economics. An important read for scholars of economic history, this book explores Roosevelt’s role in the debates over the Employment Act in the 1940s, and underlines how Truman’s Fair Deal, Kennedy’s New Frontier and Johnson’s Great Society all had the ultimate goal of a living wage, despite their variations of its definition and name.

Download or read book Living Wage Movements written by Deborah M. Figart and published by Routledge. This book was released on 2004-07-31 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Living wage activism has spanned time and space, reaching across decades and national boundaries. Conditions generating living wage movements early in the twentieth century have resurfaced in the twenty-first century, only on a global scale: 'sweated' labour, macroeconomic instability, and job insecurity. Upon reviewing the empirical evidence, the book's contributors make strong cases both for and against living wage activism. The effective blend of historical, contemporary, and global perspectives provides opportunities for teachers, scholars, and activists to evaluate how we can address low pay at the organizational and macroeconomic levels.

Download or read book The Political Economy of the Living Wage A Study of Four Cities written by Oren M. Levin-Waldman and published by Routledge. This book was released on 2016-07-22 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the movement for living wages at the local level and what it tells us about urban politics. Oren M. Levin-Waldman studies the role that living wage campaigns may have had in recent years in altering the political landscape in four cities where they have been adopted: Los Angeles, Detroit, Baltimore, and New Orleans. It is the author's belief that the living wage movements are a result of policy failure at the local level. They are the by-product of the failure to adequately address the changes that were occurring, mainly the changing urban economic base and growing income inequality. The author undertakes a scholarly analysis of the issue through the disciplinary lenses of political science while also employing some of the economists' tools.

Download or read book The Right to a Living Wage written by Matt Uhler and published by Greenhaven Publishing LLC. This book was released on 2017-07-15 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the disappearance of well-paying jobs and the increasing cost of living, it’s becoming more and more difficult to stay afloat in the United States. Workers who earn the minimum wage often can’t afford the most basic needs. In response, more than 100 U.S. cities have issued living wage ordinances, requiring payments that allow workers to afford food, clothing, shelter, utilities, and healthcare. It may seem obvious that everyone wins with a living wage. But does paying out a living wage help or harm the economy? Should corporations be forced to pay them? What is society’s responsibility to its workers?

Download or read book A Measure of Fairness written by Robert Pollin and published by Cornell University Press. This book was released on 2018-07-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: In early 2007, there were approximately 140 living wage ordinances in place throughout the United States. Communities around the country frequently debate new proposals of this sort. Additionally, as a result of ballot initiatives, twenty-nine states and the District of Columbia, representing nearly 70 percent of the total U.S. population, maintain minimum wage standards above those set by the federal minimum wage.In A Measure of Fairness, Robert Pollin, Mark Brenner, Jeannette Wicks-Lim, and Stephanie Luce assess how well living wage and minimum wage regulations in the United States serve the workers they are intended to help. Opponents of such measures assert that when faced with mandated increases in labor costs, businesses will either lay off workers, hire fewer low-wage employees in the future, replace low-credentialed workers with those having better qualifications or, finally, even relocate to avoid facing the increased costs being imposed on them.The authors give an overview of living wage and minimum wage implementation in Louisiana, New Mexico, Arizona, California, Massachusetts, and Connecticut to show how these policies play out in the paychecks of workers, in the halls of legislature, and in business ledgers. Based on a decade of research, this volume concludes that living wage laws and minimum wage increases have been effective policy interventions capable of bringing significant, if modest, benefits to the people they were intended to help.

Download or read book Living Wages Equal Wages Gender and Labour Market Policies in the United States written by Deborah M. Figart and published by Routledge. This book was released on 2005-07-08 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wage setting has historically been a deeply political and cultural as well as economic process. This informative and accessible book explores how US wage regulations in the twentieth century took gender, race-ethnicity and class into account. Focusing on social reform movements for living wages and equal wages, it offers an interdisciplinary account of how women's work and the remuneration for that work has changed along with the massive transformations in the economy and family structures. The controversial issue of establishing living wages for all workers makes this book both a timely and indispensable contribution to this wide ranging debate, and it will surely become required reading for anyone with an interest in modern economic issues.

Download or read book Minimum Wage written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-21 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Minimum Wage A minimum wage is the lowest remuneration that employers can legally pay their employees the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. Minimum wage policies can vary significantly between countries or even within a country, with different regions, sectors, or age groups having their own minimum wage rates. These variations are often influenced by factors such as the cost of living, regional economic conditions, and industry-specific factors. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Minimum wage Chapter 2: Labour economics Chapter 3: Unemployment Chapter 4: Full employment Chapter 5: Phillips curve Chapter 6: Employment Chapter 7: Living wage Chapter 8: Efficiency wage Chapter 9: Frisch elasticity of labor supply Chapter 10: Minimum wage in the United States Chapter 11: Employment protection legislation Chapter 12: Involuntary unemployment Chapter 13: Monopsony Chapter 14: NAIRU Chapter 15: Employment Policies Institute Chapter 16: Alan Manning Chapter 17: Fight for $15 Chapter 18: Minimum Wage Fairness Act Chapter 19: Francis Kramarz Chapter 20: Seattle's minimum wage ordinance Chapter 21: Wage growth (II) Answering the public top questions about minimum wage. (III) Real world examples for the usage of minimum wage in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Minimum Wage.

Download or read book The Living Wage written by Donald Stabile and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: I highly recommend this book to anyone who cares about poverty and wants to know what economists have said about its connections with the labor market and to consider whether voluntary or government wage norms would be a wise, just, and effective way to reduce poverty. Economists should recommend this book to those who doubt that economists have values. Many professional economists could also use a good review of how their discipline has dealt with the ideas of just, fair, living, and minimal-wage rates. The book would make an excellent supplementary text for a history of economic thought class. Thanks to Stabile for providing a full treatment of such an important intellectual, social, and moral issue. Robin Klay, Journal of Markets & Morality . . . this is a fine addition to the history of economic thought and should be required reading for economists since it reminds us that economics was originally subsumed under the larger disciplinary umbrella of political economy and moral philosophy. Oren M. Levin-Waldman, Industrial and Labor Relations Review Stabile does us a valuable service by laying aside nebulous questions about justice and focusing on specific economic issues. In the process, he offers a compact, well-organized tour of the idea of a living wage in the history of economic thought. It is a book that deserves the attention of economists and scholars working on the history of ideas, as well as anyone contributing to debates over wage policy. Art Carden, EH.Net For the last decade a movement for providing workers with a living wage has been growing in the US. This book describes how great thinkers in the history of economic thought viewed the living wage and highlights how the ideas of the early economists such as Adam Smith and John Stuart Mill support the idea of a living wage and contrast with the ideas of more recent free-market economists who do not. The lessons we can learn from the contrasting ideas of both the early and recent economists will help us to think more clearly about the issues surrounding whether, how and why workers should be paid a living wage. The book reviews the history of economic ideas related to the idea of the living wage. It presents a debate between two ideologies, the moral economy and the market economy, as captured by the need to sustain the workforce, enhance its capability and avoid the externality effects of low wages. It is unique in that it applies these concepts exclusively to labor. The book also breaks new ground by presenting Adam Smith as a moral economist who anticipated many of the arguments set forth by modern day advocates of the living wage. It shows how successive economic thinkers added to Smith s arguments for a living (subsistence) wage or found fault with those arguments. Throughout the book Donald Stabile draws out the lessons that this history of the economic thought about adequate wages has for the modern living wage movement. Economists interested in the history of economic thought and labor issues will find this book a compelling read, as will academics and community groups advocating for a living wage.

Download or read book The Living Wage written by Donald Hirsch and published by Economy Key Ideas. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "living wage" is an old idea that has experienced a dramatic resurgence of political popularity in recent years. The underlying logic of the concept is quite clear: it is a wage that provides workers with enough income to live on at some level considered adequate. However, in practice the term has become blurred with that of the "minimum wage" and in its implementation it has lacked a consistent meaning despite being widely used as a campaigning slogan. This short primer traces the origins of the concept of the living wage and seeks to explain the current rise in its fortunes as an economic instrument with a social objective. It examines its impact on labor markets and wage levels, explores how it has been applied, and assesses whether it is an effective measure for raising living standards. Drawing on case studies from France, the Netherlands, the USA, and the UK, The Living Wage offers a broad-ranging analysis of the debates, policy developments and limitations of wage floors in developed economies and will appeal to a wide readership in economics, public policy and sociology, as well as those working in non-profit and non-governmental organizations.

Download or read book The Case for the Living Wage written by Jerold L. Waltman and published by Algora Publishing. This book was released on 2004 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This well-documented brief demonstrates that both poverty and excessive economic inequality are inimical to the maintenance of a healthy republic, and notes that providing a living wage is not only fair, but is superior to any other public policy such as cash transfers (or the Earned Income Tax Credit) in the effort to fight poverty.

Download or read book The Political Economy of a Living Wage written by Donald Stabile and published by Springer. This book was released on 2016-08-26 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tells the story behind President Franklin D. Roosevelt’s use of the phrase "living wage" in a variety of speeches, letters, and statements, and examines the degree to which programs of the New Deal reflected the ideas of a living wage movement that existed in the US for almost three decades before Roosevelt was elected president. Far from being a side issue, the previously unexplored living wage debate sheds light on the New Deal philosophy of social justice by identifying the value judgments behind its policies. Moving chronologically through history, this book's highlights include the revelation of a living wage agenda under the War Industry Board (WIB)'s National War Labor Board (NWLB) during World War I, the unearthing of long-forgotten literature from the 1920s and 30s that formed the foundation of Roosevelt's statements on a living wage, and the examination of contemporary studies that used a simple living wage formula combining collective bargaining, social insurance, and minimum wage as a standard for social justice used to measure the impact of New Deal polices.

Download or read book The Living Wage written by John A. Ryan and published by Createspace Independent Publishing Platform. This book was released on 2016-04-14 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the first half of the twentieth century, John A. Ryan developed and promoted moral arguments for reforming the economy of the United States. He was an advocate of minimum wage legislation and child labor restrictions, and he was very much involved in Franklin D. Roosevelt's New Deal. Closely connected with lawmakers, Ryan's influence has been extensive in American public policy. In the present volume he lays out the Catholic principle of the Living Wage.

Download or read book Wage Led Growth written by Engelbert Stockhammer and published by Springer. This book was released on 2013-12-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Download or read book Economic Impact of Local Living Wages written by and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The modern living wage movement was born in Baltimore in 1994, when the city passed an ordinance requiring firms to pay employees a rate above the minimum wage while working on city contracts. Since then, over 120 communities have followed suit, some setting wage floors more than twice the federal minimum wage, and some requiring various benefits. The astounding growth of the living wage movement has been a response to the predicament of Americans who work but are unable to make ends meet, as well as to the public policies contributing to the problem. Public policies have exacerbated the problem from the federal level to the local level. Since the early 1980s, the federal government has generally neglected the minimum wage; by 2005, a minimum wage paycheck bought less than it had in 49 of the last 50 years. Local governments have contributed to the problem, following the trend of cutting costs by contracting out services to firms who frequently pay lower wages and offer fewer benefits than public employment. Too often, economic development efforts have channeled public funds in the form of tax breaks or tax incentives to businesses without regard to the quality of the jobs those businesses provide.

Download or read book How Living Wage Laws Affect Low wage Workers and Low income Families written by David Neumark and published by Public Policy Instit. of CA. This book was released on 2002 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Rhetorical Evolution of the Minimum Wage written by Oren M. Levin-Waldman and published by . This book was released on 1999 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The State of Working America 2006 2007 written by Lawrence R. Mishel and published by Comstock Publishing Associates. This book was released on 2007 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for previous editions of The State of Working America: "The State of Working America remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today's economy."--Robert B. Reich"It is the inequality of wealth, argue the authors, rather than new technology (as some would have it), that is responsible for the failure of America's workplace to keep pace with the country's economic growth. The State of Working America is a well-written, soundly argued, and important reference book."--Library Journal "If you want to know what happened to the economic well-being of the average American in the past decade or so, this is the book for you. It should be required reading for Americans of all political persuasions."--Richard Freeman, Harvard University "A truly comprehensive and useful book that provides a reality check on loose statements about U.S. labor markets. It should be cheered by all Americans who earn their living from work."--William Wolman, former chief economist, CNBC's Business Week "The State of Working America provides very valuable factual and analytic material on the economic conditions of American workers. It is the very best source of information on this important subject."--Ray Marshall, University of Texas, former U.S. Secretary of Labor"An indispensable work . . . on family income, wages, taxes, employment, and the distribution of wealth."--Simon Head, The New York Review of Books "No matter what political camp you're in, this is the single most valuable book I know of about the state of America, period. It is the most referenced, most influential resource book of its kind."--Jeff Madrick, author, The End of Affluence "This book is the single best yardstick for measuring whether or not our economic policies are doing enough to ensure that our economy can, once again, grow for everybody."--Richard A. Gephardt "The best place to review the latest developments in changes in the distribution of income and wealth."--Lester ThurowThe State of Working America, prepared biennially since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth, and poverty-data that enable the authors to closely examine the effect of the economy on the living standards of the American people.