Is the U.S. Labor Market Really That Exceptional? A Review of Richard Freeman
- (pp. 384-95)
AbstractAmerica Works is a splendid book and Richard Freeman is to be congratulated on producing a work that sets out what is right and what is wrong with the U.S. labor market while being a joy to read. While I am generally sympathetic to both the analysis and the conclusions, there are a number of points of disagreement that I highlight in this review. In particular, I would add to his policy recommendations by taking a gamble and enacting a law that entitled all employees in the United States to four weeks paid holiday per year in addition to public holidays. This may transform summertime in the United States.
CitationNickell, Stephen. 2008. "Is the U.S. Labor Market Really That Exceptional? A Review of Richard Freeman." Journal of Economic Literature, 46 (2): 384-95. DOI: 10.1257/jel.46.2.384
- E24 Employment; Unemployment; Wages; Intergenerational Income Distribution
- J20 Demand and Suppply of Labor: General