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The distributional effects of the minimum wage are analyzed in a model where skilled and unskilled labor enter the production function. It is argued that distributional goals are best achieved by letting the labor market clear and achieving redistribution through taxes and transfers.
Nicolas-Claude Fabri de Peiresc (1580-1637) was, during his lifetime, one of Europe's most famous men. A friend of Pope Urban VIII and Galileo, of Peter-Paul Rubens and Hugo Grotius, of Tommaso Campanella and Marin Mersenne, Peiresc played an important role in the intellectual culture of his time. This book is the first study in English of this extraordinary man, as well as a vivid portrait of his whole circle. Looking through the lens of Peiresc's life, Peter N. Miller brings into focus the early-seventeenth-century world of learning--its people, places, and ideas. Drawing on the extensive Peiresc archive (more than 50,000 pieces of paper), Miller brilliantly evokes the lives of antiquaries, philosophers, theologians, and politicians of Peiresc's day, only some of whom remain known today. He explores the age in which Peiresc's toleration and sociability, his political action and cosmopolitanism, and his serious scholarship without dogmatism were identified as a set of virtues and practices by which to live. Peiresc's notion of scholarship as a moral exercise, the sweep of his interests, and the cross-Continental reach of his intellectual life show with new clarity what it meant to be a man of learning during the decades around 1600.
Winner of the Zócalo Book Prize A New York Times Book Review Editors’ Choice “Combines powerful moral arguments with superb storytelling.” —New Statesman What moral values do we hold in common? As globalization draws us together economically, are the things we value converging or diverging? These twin questions led Michael Ignatieff to embark on a three-year, eight-nation journey in search of an answer. What we share, he found, are what he calls “ordinary virtues”: tolerance, forgiveness, trust, and resilience. When conflicts break out, these virtues are easily exploited by the politics of fear and exclusion, reserved for one’s own group but denied to others. Yet these ordinary virtues are the key to healing and reconciliation on both a local and global scale. “Makes for illuminating reading.” —Simon Winchester, New York Review of Books “Engaging, articulate and richly descriptive... Ignatieff’s deft histories, vivid sketches and fascinating interviews are the soul of this important book.” —Times Literary Supplement “Deserves praise for wrestling with the devolution of our moral worlds over recent decades.” —Los Angeles Review of Books
The European Court of Justice has been celebrated as a central force in the creation and deepening of the EU internal market. Yet, it has also been criticized for engaging in judicial activism, restricting national regulatory autonomy, and taking away the powers of Member State institutions. In recent years, the Court appears to afford greater deference to domestic actors in free movement cases. Europe's Passive Virtues explores the scope of and reasons for this phenomenon. It enquires into the decision-making latitude given to the Member States through two doctrines: the margin of appreciation and decentralized judicial review. At the heart of the book lies an original empirical study of the European Court's free movement jurisprudence from 1974 to 2013. The analysis examines how frequently and under which circumstances the Court defers to national authorities. The results suggest that free movement law has substantially changed over the past four decades. The Court is leaving a growing range of decisions in the hands of national law-makers and judges, a trend that affects the level of scrutiny applied to Member State action, the division of powers between the European and national judiciary, and ultimately the nature of the internal market. The book argues that these new-found 'passive virtues' are linked to a series of broader political, constitutional, and institutional developments that have taken place in the EU.
The World Economic Outlook presents the IMF staff’s analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF’s global surveillance activities.
This paper argues that an important group of labor market policies are complementary in the sense that the effect of each policy is greater when implemented in conjunction with the other policies than in isolation. This may explain why the diverse, piecemeal labor market reforms in many European countries in recent years have had so little success in reducing unemployment. What is required instead is deeper labor market reforms across a broader range of complementary policies and institutions. To be politically feasible, these reforms must be combined with measures to address distributional issues.
Religion has played a role in conflict throughout history, with religious scriptures often being used to justify violence. In Search of Solutions evaluates the role of religion in Northern Ireland, Bosnia and Israel-Palestine. The book argues that religion has a tendency towards conflict and that peace is best guaranteed when human individuals commune directly with the divine without the mediation of organized religions. Different approaches to the reading of scriptures are introduced, drawing on post-modern theory. In Search of Solutions will be invaluable for the student seeking a clear overview of both the theory and the practice of religion in conflict resolution.