4.5 Article

Is the US labor market ineally that exceptional?: a review of Richard!Freeman's America works:: The exceptional US labor market

Journal

JOURNAL OF ECONOMIC LITERATURE
Volume 46, Issue 2, Pages 384-395

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AMER ECONOMIC ASSOC
DOI: 10.1257/jel.46.2.384

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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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