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Introduction : one nation under work -- The hours of inequality -- Nickel and timed -- The electronic whip -- Time machines -- More than money -- Back to work -- We control the clocks -- Labor's forgotten fight.
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The market has both a coordination function and an incentive function. The first theorem of welfare economics is all about coordination; the principal-agent model is all about incentives. What is the relative importance of the market in carrying out these two functions? While there has been a...
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