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Politica dei redditi. La linea brutale e la linea civile

Author

Listed:
  • 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.

Suggested Citation

  • Paolo Sylos Labini, 2014. "Politica dei redditi. La linea brutale e la linea civile," Moneta e Credito, Economia civile, vol. 67(265), pages 87-93.
    • Handle: RePEc:psl:moneta:2014:19
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    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/11880/11693
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    More about this item

    Keywords

    income policy; unemployment; deflationary policy;
    All these keywords.

    JEL classification:

    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution

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