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We live in an age of economic paradox. The dynamism of America's economy is astounding--the country's industries are the most productive in the world and spin off new products and ideas at a bewildering pace. Yet Americans feel deeply uneasy about their economic future. The reason, Paul Osterman explains, is that our recent prosperity is built on the ruins of the once reassuring postwar labor market. Workers can no longer expect stable, full-time jobs and steadily rising incomes. Instead, they face stagnant wages, layoffs, rising inequality, and the increased likelihood of merely temporary work. In Securing Prosperity, Osterman explains in clear, accessible terms why these changes have occurred and lays out an innovative plan for new economic institutions that promises a more secure future. Osterman begins by sketching the rise and fall of the postwar labor market, showing that firms have been the driving force behind recent change. He draws on original surveys of nearly 1,000 corporations to demonstrate that firms have reorganized and downsized not just for the obvious reasons--technological advances and shifts in capital markets--but also to take advantage of new, team-oriented ways of working. We can't turn the clock back, Osterman writes, since that would strip firms of the ability to compete. But he also argues that we should not simply give ourselves up to the mercies of the market. Osterman argues that new policies must engage on two fronts: addressing both higher rates of mobility in the labor market and a major shift in the balance of power against employees. To deal with greater mobility, Osterman argues for portable benefits, a stronger Unemployment Insurance system, and new labor market intermediaries to help workers navigate the labor market. To redress the imbalance of power, Osterman assesses the possibilities of reforming corporate governance but concludes the best approach is to promote \"countervailing power\" through innovative unions and creative strategies for organizing employee voice in communities. Osterman gives life to these arguments with numerous examples of promising institutional experiments.

Washington Post Live’s “First Look” offers a smart, inside take on the day’s politics. Jonathan Capehart hosts a reporter debrief followed by a roundtable discussion with Washington Post opinions columnists. Tune in for news and analysis you can’t get anywhere else.

This chapter analyzes the impact of climate policy on labor markets. It focuses on the relationship between retail electricity prices and indicators of labor market activity using data from Current Population Surveys for the period 1976 to 2007. Results indicate that employment rates are negatively related to retail electricity prices and that the relationship is relatively weak.

When the Orioles were flirting with the West Palm Beach landfill site, the city was shutting down its Municipal Stadium at Congress Avenue and Palm Beach Lakes Boulevard, which had been operating for 35 years and used by the Montreal Expos as a spring training site.