The economic objectives of recent governments of the Left were full employment, reducing inequality, and enhancing economic performance and democratic control by measures of planning and socialization. The economic inheritance was difficult--stagnant investment, high unemployment in a number of...

This paper documents the employment disadvantage faced by the less qualified part of the labor force and examines the factors that influence the differing extent of this disadvantage across OECD countries. We argue that employment rates for quartiles of the population ranked by educational...