Work and Welfare: The Social Costs of Labor in the History of Economic Thought b

Description: Work and Welfare by Donald R. Stabile This interesting work presents a unique perspective on the history of economic thought by showing that classical economists from Adam Smith to Alfred Marshall had sympathy for workers - for example, the theory of the subsistence wage echoed the theological call for a just wage that existed in the middle ages. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description This interesting work presents a unique perspective on the history of economic thought by showing that classical economists from Adam Smith to Alfred Marshall had sympathy for workers - for example, the theory of the subsistence wage echoed the theological call for a just wage that existed in the middle ages. It also describes how these thinkers promoted either a set of social obligations or a form of social insurance to assist workers. These economic thinkers of the past argued that a subsistence standard of living was important to maintain and improve workers efficiency and to raise healthy families. The notion that these writers had an undeveloped theory of social costs that they applied to labor should appeal to economists and others concerned with the plight of workers as the modern economy restructures itself. Author Biography DONALD R. STABILE is Professor of Economics and Chair of the Economics Department at St. Marys College of Maryland. He is associate editor of Business Library Review and has conducted seminars on Thorstein Veblen and Alexander Hamilton for the program of summer seminars for school teachers of the National Endowment for Humanities. He is coauthor (with Jeffrey Cantor) of The Public Debt of the United States (Praeger, 1991), and author of Activist Unionism (1993) and Prophets of Orde(1984). Table of Contents Introduction: The Just Wage and the Standard of LivingAdam Smith: The Friend of LaborMalthus, Ricardo and Bentham: The Fund for Maintaining LaborJohn Stuart Mill and Labors ResponsibilityKarl Marx: The Alienation and Exploitation of LaborMarginalism, Moral Character and WorkInstitutional Economics and the Community Approach to LaborOrthodox Economics and the Scientific Treatment of LaborConclusion: The Endangered WorkerBibliographyIndex Review "Don Stabile has written a remarkable and readable book on topics neglected in contemporary labor economics. . . . By focusing on the social costs of labor in the history of economic thought, Stabile has rescued and brought together materials which, especially in a managerialist-thinking corporate system, should not be cast aside."-Warren J. Samuels Professor of Economics Michigan State University"In the 1990s politicians readily invoke the names of Adam Smith, David Ricardo, and John Stuart Mill, but rarely place the ideas of the great thinkers into the context of their times or ours. Stabiles meticulously documented study will be the hornbook for classical thought on labor in a market society."- David O. Whitten Professor of Economics, Auburn University editor, Business Library Review?The result is a gracefully written book that encourages (particulary but not solely for non-economics great figures.?-Crypotolgia?This is an excellent source for readers interested in the history of thought on labor and welfare.?-Choice?Work and welfare, and outstanding book by Donald R. Stabile, should influence public policy as well as alter the way society views current economic theorizing....Stablies excellent book is a remarkable and welcome addition to the body of scholarship on economic thought and to the contremporary economic discipline itself. As he so aptly recognizes, the study is a particularly and downisizing, wage and benefit cuts, and technological change are rapidly eroding any basis of seurity of decency for workers wages.?-Business Library Review"The result is a gracefully written book that encourages (particulary but not solely for non-economics great figures."-Crypotolgia"This is an excellent source for readers interested in the history of thought on labor and welfare."-Choice"Work and welfare, and outstanding book by Donald R. Stabile, should influence public policy as well as alter the way society views current economic theorizing....Stablies excellent book is a remarkable and welcome addition to the body of scholarship on economic thought and to the contremporary economic discipline itself. As he so aptly recognizes, the study is a particularly and downisizing, wage and benefit cuts, and technological change are rapidly eroding any basis of seurity of decency for workers wages."-Business Library Review Promotional This interesting work presents a unique perspective on the history of economic thought and challenges standard labor economics. Long Description This interesting work presents a unique perspective on the history of economic thought by showing that classical economists from Adam Smith to Alfred Marshall had sympathy for workers - for example, the theory of the subsistence wage echoed the theological call for a just wage that existed in the middle ages. It also describes how these thinkers promoted either a set of social obligations or a form of social insurance to assist workers. These economic thinkers of the past argued that a subsistence standard of living was important to maintain and improve workers efficiency and to raise healthy families. The notion that these writers had an undeveloped theory of social costs that they applied to labor should appeal to economists and others concerned with the plight of workers as the modern economy restructures itself. Review Quote "Work and welfare, and outstanding book by Donald R. Stabile, should influence public policy as well as alter the way society views current economic theorizing....Stablies excellent book is a remarkable and welcome addition to the body of scholarship on economic thought and to the contremporary economic discipline itself. As he so aptly recognizes, the study is a particularly and downisizing, wage and benefit cuts, and technological change are rapidly eroding any basis of seurity of decency for workers wages." Business Library Review Promotional "Headline" This interesting work presents a unique perspective on the history of economic thought and challenges standard labor economics. Details ISBN031329738X Author Donald R. Stabile Short Title WORK & WELFARE Pages 240 Language English ISBN-10 031329738X ISBN-13 9780313297380 Media Book Format Hardcover Year 1996 Country of Publication United States Illustrations bibliography, index Place of Publication Westport Subtitle The Social Costs of Labor in the History of Economic Thought Imprint Praeger Publishers Inc DOI 10.1604/9780313297380 Series Number 169 UK Release Date 1996-02-06 NZ Release Date 1996-02-06 US Release Date 1996-02-06 Audience Age 7-17 Publisher Bloomsbury Publishing Plc Series Contributions in Economics and Economic History Publication Date 1996-02-06 DEWEY 331 Audience Undergraduate AU Release Date 1996-02-05 We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:7081570;

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