{"product_id":"youre-paid-what-youre-worth-and-other-myths-of-the-modern-economy","title":"Youre Paid What Youre Worth: And Other Myths of the Modern Economy","description":"\u003cp\u003eA myth-busting book challenges the idea that were paid according to objective criteria and places power and social conflict at the heart of economic analysis.  Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job  with the precise level determined by your performance  then youre paid market value. And who can question something as objective and impersonal as the market? That  at least  is how many of us tend to think. But according to Jake Rosenfeld  we need to think again.  Job performance and occupational characteristics do play a role in determining pay  but judgments of productivity and value are also highly subjective. What makes a lawyer more valuable than a teacher? How do you measure the output of a police officer  a professor  or a reporter? Why  in the past few decades  did CEOs suddenly become hundreds of times more valuable than their employees? The answers lie not in objective criteria but in battles over interests and ideals. In this contest four dynamics are paramount: power  inertia  mimicry  and demands for equity. Power struggles legitimize pay for particular jobs  and organizational inertia makes that pay seem natural. Mimicry encourages employers to do what peers are doing. And workers are on the lookout for practices that seem unfair. Rosenfeld shows us how these dynamics play out in real-world settings  drawing on cutting-edge economics  original survey data  and a journalistic eye for compelling stories and revealing details.  At a time when unions and bargaining power are declining and inequality is rising  Youre Paid What Youre Worth is a crucial resource for understanding that most basic of social questions: Who gets what and why?\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44966503120949,"sku":"ByrdShop_067491659X","price":28.03,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780674916593.jpg?v=1770565378","url":"https:\/\/atxbooks.com\/products\/youre-paid-what-youre-worth-and-other-myths-of-the-modern-economy","provider":"ATX Books","version":"1.0","type":"link"}