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BL
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| Record Number
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864651
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| Main Entry
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Levin-Waldman, Oren M.
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| Title & Author
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Restoring the middle class through wage policy : : arguments for a minimum wage /\ Oren M. Levin-Waldman.
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| Publication Statement
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Cham :: Palgrave Macmillan,, 2018.
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| Series Statement
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Binzagr Institute for Sustainable Prosperity
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| Page. NO
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1 online resource
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| ISBN
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3319744488
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: 9783319744483
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331974447X
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9783319744476
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| Bibliographies/Indexes
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Includes bibliographical references and index.
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| Contents
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Intro; Preface; Contents; List of Tables; Chapter 1: Introduction; State of the Current Minimum Wage Debate; Middle-Class Economics?; Minimum Wage and the Middle Class; The Broader Impact; Bibliography; Chapter 2: Unsettled Findings; The Standard Model; The New Political Economy of the Minimum Wage; Meaning of Unsettled Findings; Role of Social Science; Conclusion; Bibliography; Chapter 3: Middle Class Welfare Effects; Wage Contours; The Effective Minimum Wage Population; Conclusion; Bibliography; Chapter 4: The Minimum Wage and Job Creation; Stimulus Policy; Fiscal Policy; Monetary Policy
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The Wage Policy ModelJob Creation; Conclusion; Bibliography; Chapter 5: Minimum Wage and Income Distribution; Impact on Inequality; Median Voter Theorem; Relationship Between Minimum Wage and Median Voter Theorem?; Analysis; Conclusion; Bibliography; Chapter 6: Other Theoretical Frameworks; A New Efficiency Argument; Efficiency Wage; Personal Development; Is the Minimum Wage a Civil Right?; The Conservative Case for the Minimum Wage; Employer of Last Resort?; Universal Minimum Income?; Conclusion; Bibliography; Chapter 7: Minimum Wage and Greater Democracy; Core Democratic Principles
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Why Income Inequality Is a ProblemImpact of Inequality on Civic Participation; Personal Autonomy; Economic Development; Preventing Unrest?; Policy for a Democratic Society; Conclusion; Bibliography; Bibliography; Index
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| Abstract
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This book delivers a fresh and fascinating perspective on the issue of the minimum wage. While most discussions of the minimum wage place it at the center of a debate between those who oppose such a policy and argue it leads to greater unemployment, and those who favor it and argue it improves the economic well-being of low-income workers, Levin-Waldman makes the case for the minimum wage as a way to improve the well-being of middle-income workers, strengthen the US economy, reduce income inequality, and enhance democracy. Making a timely and original contribution to the defining issues of our time--the state of the middle class, the problem of inequality, and the crisis of democratic governance--Restoring the Middle Class through Wage Policy will be of interest to students and researchers considering the impact of such approaches across the fields of public policy, economics, and political science.--
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| Subject
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Income distribution-- United States.
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Minimum wage-- United States.
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Wages-- Government policy-- United States.
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BUSINESS ECONOMICS-- Labor.
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Income distribution.
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Minimum wage.
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POLITICAL SCIENCE-- Labor Industrial Relations.
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Wages-- Government policy.
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| Subject
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United States.
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| Dewey Classification
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331.23
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| LC Classification
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HD4918.L48 2018
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| Added Entry
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Binzagr Institute for Sustainable Prosperity.
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