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This book addresses an issue that is particularly timely after years of growing income inequality and draconian decreases in welfare support for single mothers which is likely to work increasing hardship as unemployment rises. The authors deserve credit for making it clear throughout that their concern is not so much with economics, as practised by neoclassical economists, as with political economy. The difference, as they make clear, is that the former takes full cognizance of the importance of social conditions and government policies, not merely market forces, in determining wages. This is...

This book addresses an issue that is particularly timely after years of growing income inequality and draconian decreases in welfare support for single mothers which is likely to work increasing hardship as unemployment rises. The authors deserve credit for making it clear throughout that their concern is not so much with economics, as practised by neoclassical economists, as with political economy. The difference, as they make clear, is that the former takes full cognizance of the importance of social conditions and government policies, not merely market forces, in determining wages. This is...