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Is the U.S. Labor Market Really that Exceptional? A Review of Richard Freeman's America Works: The Exceptional U.S. Labor Market

Stephen Nickell

Nuffield College, Oxford

Journal of Economic Literature 2008

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.

DOI
10.1257/jel.46.2.384
Volume
46 (2)
Pages
384-395
Language
en
Export
BibTeX
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