During the 1960's and 70's, Japanese auto companies developed a new approach to managing their workers. They placed the workers on teams and gave them significantly more autonomy than ever before. This led to higher morale, which in turn led to bett...
Former Secretary of Labor and university professor Robert Reich argues that we don't have to chose between the low unemployment but frequently low wages of the American system, and a European system with wage rigidity that prevents wages from going ...