TY  - BOOK
AU  - Phelps, Edmund S.
TI  - Rewarding Work: How to Restore Participation and Self-Support to Free Enterprise
SN  - 0-674-09495-6
PY  - 1997///
CY  - Cambridge, Mass., 
PB  - Harvard University Press
KW  - wages
KW  - reasonable wages
KW  - low wages
KW  - wage structure
KW  - wage subsidies
KW  - USA
N2  - For two hundred years, the economic engine of capitalism helped make the United States a nation where almost anyone willing to take initiative, work hard, and save money could lead a comfortable life, raise a family, and assume an active role in the community. Since the 1970s, however, a gulf has opened between the wages of low-paid workers and those of the middle class. With this decline in their reward, workers’ job attachment has weakened, thus reducing employment. The entitlements of the welfare state have magnified the effect. The effects in turn on crime rates, drug abuse, and other indicators of social breakdown are costly for everyone
UR  - https://www.hup.harvard.edu/catalog.php?isbn=9780674026940
ER  -