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"Pay without Performance presents a disconcerting portrait of executives' power to influence their own pay - and of the structural defects in corporate governance that give them this power. As this book demonstrates, boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. Lucian Bebchuk and Jesse Fried give a richly detailed account of how pay practices - from option plans to retirement benefits...
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Examines the economic, political, and social causes and consequences of declining wages in the United States. Hansen challenges the conventional wisdom that globalization is to blame for the decline in workers' earnings and presents a comprehensive analysis of the many factors affecting labor costs, concluding that many of them result from choices made by the states themselves through the laws and policies they enact. In addition, free-market ideologies...
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"International trade accounts for only a small share of growing income inequality and labor-market displacement in the United States. Lawrence deconstructs the gap in real blue-collar wages and labor productivity growth between 1981 and 2006 and estimates how much higher these wages might have been had income growth been distributed proportionately and how much of the gap is due to measurement and technical factors. While increased trade with developing...
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Description
"A Living Wage," the rallying cry of union activists, is a concept with a revealing history, here documented by Lawrence B. Glickman. The labor movement's response to wages shows how American workers negotiated the transition from artisan to consumer, opening up new political possibilities for organized workers. At the same time, however, they created contradictions that continue to haunt the labor movement today. Nineteenth-century workers saw wages...
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