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The Labor Divide

By: Sam Vaknin

... palma@unet.com.mk or to samvaknin@gmail.com Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review" http://www.ce-review.org/au... ...ide.html ISBN: 9989-929-27-0 Created by: LIDIJA RANGELOVSKA REPUBLIC OF MACEDONIA 100 articles and essays (microeconomics ... ...pod.com/internet.html http://samvak.tripod.com/busiweb.html Table of Contents I. Battling Unemployment II. The Labour Divide - I. Emp... ...ally, a country can ease interest rates, or provide a fiscal boost to the economy by slashing taxes or by deficit spending. Counter-cyclical fiscal... ...r cut taxes of improve the allocation of its resources. In both cases the economy improves and provides an added incentive to work. This is because,... ...rovides an added incentive to work. This is because, in a vigorous growth economy, the value of an extra worker is higher than the combined costs of... ...icial rate is 8% -but it masks vast over-employment in the public sector. Lebanon's is 9% - due to a one-time reconstruction bonanza, financed by th...

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