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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 analyses 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.
First published in 1977. Essentially an economic history with strong emphasis on human factors, this title examines the reasons for the backwardness of much of the farming of Wales and discusses in detail how agricultural resources and organisation directly affected the nature of social relationships within the community. This study will be of central importance to students of the history of Wales. It should appeal equally to those interested in the economic history of late modern Britain; students of nineteenth-century British Agriculture and the rural community; historical geographers; and all those concerned with peasants and peasant societies.
This book provides an interesting and refreshing collection of economic research conducted in the broadly heterodox tradition. A variety of topical issues are addressed, including labor market inequalities, welfare reform, interest rate policies, international trade, and global financial instability. What unites these diverse essays is their common perspective that social institutions and structures "matter" to the performance of economies, and hence should receive more attention from economists. Conventional economic thought focuses unduly on the functioning of so-called "free-markets." The persistent influence of social structures, institutions and practices - and the unequal extent to whi...
This Handbook is the first major volume to examine the conservation of Asia’s culture and nature in relation to the wider social, political and economic forces shaping the region today. Throughout Asia rapid economic and social change means the region’s heritage is at once under threat and undergoing a revival as never before. As societies look forward, competing forces ensure they re-visit the past and the inherited, with the conservation of nature and culture now driven by the broader agendas of identity politics, tradition, revival, rapid development, environmentalism and sustainability. In response to these new and important trends, the twenty three accessible chapters here go beyond...
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