LIC Labor Lyceum - Economics for Working People

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Thu Sep 17 2015, 6:00 pm


Please join Michael Merrill, Dean of the Harry Van Arsdale Jr. Center for Labor Studies at Empire State College for a series of discussions on charting a way forward to an economy in which everyone who wants to can have a job at a living wage.

Thursday, September 17

WORK AND WAGES: How We Can Work Less and Make More

What is the relationship between work and wages?

Why do we work so hard and still seem not to have enough?

Is it possible to work less and make more?

The conventional wisdom of economists, which has trickled down to the rest of us, is that “the market” ensures that we are all paid what we are worth.

But rapidly increasing income inequality and the widening gap between wage gains and productivity growth both suggest that the relationship between work and wages is more complicated.

The first session of “Economics for Working People” explores these complications and enables us learn why our value is based on what we are paid, not what we produce.

This program is supported by public funds from the NYC Department of Cultural Affairs and the Queens Borough President’s Office, Melinda Katz Queens Borough President.