Politica dei redditi. La linea brutale e la linea civile.(Incomes politicy: the brutal approach and the civil approach)

Paolo Sylos Labini

Abstract


The author discusses the policy of keeping (or not opposing) a certain level of unemployment as a means to promote wage deflation, and identifies it as the “brutal” way to pursue macroeconomic stability. By contrast, Sylos Labini identifies the cost of living and productivity as two other determinants of the wage level, and thus proposes a rich policy of structural reforms as the most civilised way to obtain the same result.

 

 

 

 


Keyword


income policy, unemployment, deflationary policy

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Copyright (c) 2016 Paolo Sylos Labini

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ISSN 2037-3651

Reg. Tribunale di Roma n.377/2009 del 19/11/2009