Toward a Better Labor Market

Abstract

Our labor market has many regulations inspired by good intentions, but they often harm workers instead of helping them. The picture would improve if principles of solidarity were combined with a substantial dose of economic logic. Labor issues are so closely bound up with personal and family development that discussing them solely on the basis of economic rationality is, in itself, partial. To build a society without poverty and with greater equity, we must incorporate social protection mechanisms against contingencies such as unemployment, childbirth and childcare, and illness. Continue reading...