The Profit Paradox: How Thriving Firms Threaten the Future of Work

By Eeckhout, Jan

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ISBN
9780691214474
Publisher
Princeton Univ.


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Library Journal

Starred Review on June 1, 2021  |  Business & Economics

A Brookings report from late December 2020 noted that Amazon and Walmart saw record profits during the COVID-19 pandemic, yet have done little to compensate their frontline workers. The new book from Eeckhout (social and behavioral science, Pompeu Fabra Univ., Barcelona) shows us why this shouldn't be a surprise. Looking at the past 40 years of labor, he traces the growing distance between the economic potential created by new technology, and the stagnan...Log In or Sign Up to Read More

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