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Is the U.S. Labor Market Really That Exceptional? A Review of Richard Freeman

  • Stephen Nickell

America Works is a splendid book and Richard Freeman is to be congratulated on producing a work that sets out what is right and what is wrong with the U.S. labor market while being a joy to read. While I am generally sympathetic to both the analysis and the conclusions, there are a number of points of disagreement that I highlight in this review. In particular, I would add to his policy recommendations by taking a gamble and enacting a law that entitled all employees in the United States to four weeks paid holiday per year in addition to public holidays. This may transform summertime in the United States.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jel.46.2.384
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Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 46 (2008)
Issue (Month): 2 (June)
Pages: 384-95

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Handle: RePEc:aea:jeclit:v:46:y:2008:i:2:p:384-95
Note: DOI: 10.1257/jel.46.2.384
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  1. Stephen Nickell, 2003. "Poverty and worklessness in Britain," LSE Research Online Documents on Economics 20038, London School of Economics and Political Science, LSE Library.
  2. Samuel Bowles & Yongjin Park, 2005. "Emulation, Inequality, and Work Hours: Was Thorsten Veblen Right?," Economic Journal, Royal Economic Society, vol. 115(507), pages F397-F412, November.
  3. Michael Förster & Mark Pearson, 2002. "Income Distribution and Poverty in the OECD Area: Trends and Driving Forces," OECD Economic Studies, OECD Publishing, vol. 2002(1), pages 7-38.
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