- 256 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
Worker Satisfaction and Economic Performance
About this book
This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy.Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Worker Satisfaction and Economic Performance by Morris Altman in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Half Title
- Title page
- Copyright Page
- Dedication
- Table of Contents
- Foreword
- Acknowledgments
- 1. Introduction: Revising the Microfoundations of Economics
- 2. Human Agency as a Determinant of Material Welfare
- 3. The Methodology of Economics and the Survival Principle Revised
- 4. A Behavioral Theory of Economic Welfare and Economic Justice
- 5. The Economics of Exogenous Increases in Wage Rates in a Behavioral/X-Efficiency Model of the Firm
- 6. A Behavioral Model of Endogenous Economic Growth
- 7. Interfirm, Interregional, and International Differences in Labor Productivity: Why Convergence Need Not Take Place
- 8. The Economics of Profitable Inefficiency and Market Failure: A Behavioral Model of Path Dependency
- 9. Economic Theory, Public Policy, and the Challenge of Innovative Work Practices
- 10. The Efficiency- and Welfare-Promoting Role of Labor Rights and Labor Power in a Market Economy
- 11. A Revisionist View of the Economic Implications of Child Labor Regulations
- 12. How Discriminatory Pay Inequality Can Persist: Even in Competitive Markets
- 13. When Green Isn’t Mean: The Economics of Environmental Regulations
- 14. Big Is Not Always Better: A Critical Appraisal of the Transaction Cost-Economizing Paradigm
- 15. Culture as a Determinant of Material Welfare
- References
- Index
- About the Author