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Keyword: job security


The Insecurity of Job Security (6/22/2006)

Life-time job security with generous fringe benefits have increased youth unemployment by discouraging French employers to hire new workers and encouraging them to substitute capital for labor.

Keywords: capital, firing, France, fringe benefits, hiring, in, job security, labor market, out, Spain, wages, work week, youth unemployment

Yes, Boss. (1/16/2006)

The prevalence of yes persons is due to the difficulty of objectively assessing the contribution of white-collar work and the bosses’ human desire to hear confirming information.

Keywords: central planning, Chairman Mao, China, Darwin, feedback, job security, market exit, natural selection, tenure, yes men