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Introduction -- Democratic theory -- Evolution of wage policy -- Post New Deal Era and the demise of wage policy -- New living wage movement -- Wage policy for the middle class -- Wage policy and the path towards democracy.
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The concept of the minimum wage has undergone several rhetorical permutations. Originally conceived as a living wage, which would function as a family wage, it ultimately became a matter of macroeconomic policy, the goals of which were to achieve greater efficiency and in some cases economic...
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Much of the debate over the minimum wage in recent years has essentially involved one between those arguing the adverse effect of raising the minimum wage--particularly among teenagers--and those who maintain that increases in the minimum wage would not only alleviate the poverty of some, but...
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This paper argues for a fundamental reorientation of fiscal policy, from the current aggregate demand management model to a model that explicitly and directly targets the unemployed. Even though aggregate demand management has several important benefits in stabilizing an unstable economy, it...
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